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Greek Budget Realities: No Easy Options

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NBER2015-11-01 更新2025-01-04 收录
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As of August 2015, Greeces loan repayments due to external creditors through 2057 summed to 319.5 billion, requiring an average debt payment on a flow basis of 4.1 percent of 2014 Greek GDP. This paper examines the economic impact of increases in distortionary taxes on consumption, capital and labor

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2015-11-01
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