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Published in 2018 at "Macroeconomic Dynamics"
DOI: 10.1017/s1365100518000408
Abstract: This paper focuses on the question of what monetary and fiscal policy can do and should do in a “fiscal dominance” world. I first highlight that both “amplification” and “fiscal cushion” effects are always at…
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Keywords:
monetary fiscal;
fiscal policy;
policy;
fiscal dominance ... See more keywords