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Deficits, Crowding Out and Inflation: The Simple Analytics

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NBER1983-02-01 更新2025-01-04 收录
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The paper studies the relationship between public sector financial deficits, crowding-out of public sector capital formation and inflation in a number of small, classical macroeconomic models. This amounts to reworking some of the government budget constraint literature by including capacity

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1983-02-01
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