Fiscal Expansions and Fiscal Adjustments in OECD Countries
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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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美国国家经济研究局创建时间:
1995-08-01



