The failure of stabilization policy : balanced-budget fiscal rules in the presence of incompressible public expenditures
Year of publication: |
2020
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Authors: | Abad, Nicolas ; Lloyd-Braga, Teresa ; Modesto, Leonor |
Published in: |
Journal of economic dynamics & control. - Amsterdam [u.a.] : Elsevier, ISSN 0165-1889, ZDB-ID 717409-3. - Vol. 120.2020, p. 1-24
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Subject: | EU-Staaten | EU countries | Finanzpolitik | Fiscal policy | Öffentliche Ausgaben | Public expenditure | Stabilisierungspolitik | Stabilization policy | Regelbindung versus Diskretion | Rules versus discretion | Haushaltskonsolidierung | Fiscal consolidation | Theorie | Theory |
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