Fiscal Adjustments in OECD Countries: Composition and Macroeconomic Effects
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This ppaer studies how the composition of fiscal adjustments influences their likelihood of success, defined as a long lasting deficit reduction, and their macroeconomic consequences. We find that fiscal adjustments which rely primarily on spending cuts on transfers and the government wage bill have
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美国国家经济研究局创建时间：
1996-08-01
