Deficit Follies
收藏NBER2021-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w28952
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资源简介：
Deficit finance is free when the growth rate routinely exceeds the government's borrowing rate. Or so many people say. This note presents three counterexamples. Each features a simple OLG economy with a zero growth rate and a negative government borrowing rate. None provides a basis for taking from
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美国国家经济研究局创建时间：
2021-06-01
