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Consumption Smoothing through Fiscal Policy in OECD and EU Countries

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NBER1998-01-01 更新2025-01-04 收录
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We measure the amount of smoothing achieved through various components of the government deficit in EU and OECD countries. For EU countries, at the 1-year frequency percent of shocks to GDP are smoothed via government consumption, 18 percent via transfers percent via subsidies, while taxes provide

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1998-01-01
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