Monetary and Fiscal Policies in Times of Large Debt: Unity is Strength
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下载链接：
https://www.nber.org/papers/w27112
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资源简介：
The COVID pandemic found policymakers facing constraints on their ability to react to an exceptionally large negative shock. The current low interest rate environment limits the tools the central bank can use to stabilize the economy, while the large public debt curtails the efficacy of fiscal
提供机构：
美国国家经济研究局
创建时间：
2020-05-01
