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Local Deficits and Local Jobs: Can U.S. States Stabilize Their Own Economies?

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NBER2013-03-01 更新2025-01-04 收录
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Using a sample of the 48 mainland U.S. states for the period 1973-2009, we study the ability of U.S. states to expand own state employment through the use of state deficit policies. The analysis allows for the facts that U.S. states are part of a wider monetary and economic union with free factor

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2013-03-01
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