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Fiscal Policy and Unemployment

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NBER2011-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w17562
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This paper explores the interaction between fiscal policy and unemployment. It develops a dynamic economic model in which unemployment can arise but can be mitigated by tax cuts and public spending increases. Such policies are fiscally costly, but can be financed by issuing government debt. In the
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2011-11-01
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