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Fiscal Adjustments in OECD Countries: Composition and Macroeconomic Effects

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NBER1996-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w5730
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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
创建时间:
1996-08-01
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