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The global economic and financial crisis has sparked an unprecedentedly large, generalized fiscal policy response in practically all major industrial and emerging economies, which will change the fiscal and macroeconomic landscapes for some time to come. This paper offers an overview of the new...
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The global economic and financial crisis has sparked an unprecedentedly large, generalized fiscal policy response in practically all major industrial and emerging economies, which will change the fiscal and macroeconomic landscapes for some time to come. This paper offers an overview of the new...
Persistent link: https://www.econbiz.de/10013069707
Persistent link: https://www.econbiz.de/10008666897
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Padoan examines the properties of a dynamic disequilibrium model focused on trade specialization and the accumulation of knowledge. He uses a sector breakdown (four export and two import sectors) following pavittis (1984) taxonomy, which is especially appropriate for empirically analyzing the...
Persistent link: https://www.econbiz.de/10014071991