Inflating the Beast: Political Incentives Under Uncertainty
收藏NBER2008-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w13779
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The standard view of the political economy of public debt is that myopic and unconstrained politicians prefer to disregard intertemporal smoothing considerations and extract political rents as fast as possible. From this perspective, it seems that the world has much to celebrate, as most emerging
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美国国家经济研究局创建时间：
2008-02-01
