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Fiscal Expansions and Fiscal Adjustments in OECD Countries

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NBER1995-08-01 更新2025-01-04 收录
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This paper considers budget expansions and adjustments in OECD countries in the last three decades. Our main results are: i) on average fiscal expansions are the results of increases in expenditures, particularly of transfer programs, while contractions are typically due to tax increases; ii)

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1995-08-01
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