As a first policy measure, consider an anticipated abolition of the investment subsidy, as was for example

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As a first policy measure, consider an anticipated abolition of the investment subsidy, as was for example the case in the Netherlands in the late 1980s. Using the solution principle introduced above, the effects of this announced policy measure can be derived with the aid of Figure 4.7.

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Foundations Of Modern Macroeconomics

ISBN: 9781264857937

1st Edition

Authors: Ben J. Heijdra, Frederick Van Der Ploeg

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