Explain the concept of an expansionary fiscal consolidation. Why is consolidation less likely to be expansionary for
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Explain the concept of an expansionary fiscal consolidation. Why is consolidation less likely to be expansionary for a country in a common currency area where all the countries are simultaneously undertaking austerity measures?
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Macroeconomics Institutions Instability And The Financial System
ISBN: 9780199655793
1st Edition
Authors: Wendy Carlin, David Soskice
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