Did the U.S. Really Grow Out of Its World War II Debt?
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https://www.nber.org/papers/w31577
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资源简介：
The fall in the U.S. public debt/GDP ratio from 106% in 1946 to 23% in 1974 is often attributed to high rates of economic growth. This paper examines the roles of three other factors: primary budget surpluses, surprise inflation, and pegged interest rates before the Fed-Treasury Accord of 1951. Our
提供机构：
美国国家经济研究局
创建时间：
2023-08-01
