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New Keynesian versus Old Keynesian Government Spending Multipliers

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NBER2009-03-01 更新2025-01-04 收录
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Renewed interest in fiscal policy has increased the use of quantitative models to evaluate policy. Because of modelling uncertainty, it is essential that policy evaluations be robust to alternative assumptions. We find that models currently being used in practice to evaluate fiscal policy stimulus

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2009-03-01
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