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Fiscal Policies and International Financial Markets

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NBER1986-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w1961
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This paper examines the effects of fiscal policies in an open economy when international financial markets are well developed. Consumers use these markets to hedge against the risk of uncertain future changes in government policies. These portfolio allocations alter the effects of changes in
创建时间:
1986-06-01
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