Austerity in the Aftermath of the Great Recession
收藏NBER2017-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w23147
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资源简介:
We examine austerity in advanced economies since the Great Recession. Austerity shocks are reductions in government purchases that exceed reduced-form forecasts. Austerity shocks are statistically associated with lower real GDP, lower inflation and higher net exports. We estimate a cross-sectional
提供机构:
美国国家经济研究局
创建时间:
2017-02-01



