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The Effects of Fiscal Consolidations: Theory and Evidence

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NBER2017-05-01 更新2025-01-04 收录
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https://www.nber.org/papers/w23385
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We investigate the macroeconomic effects of fiscal consolidations based upon government spending cuts, transfers cuts and tax hikes. We extend a narrative dataset of fiscal consolidations, with details on over 3500 measures for 16 OECD countries. We show that government spending cuts and cuts in
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2017-05-01
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