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  • FISCAL POLICY IN DYNAMIC ECONOMIES
    ebook
    FISCAL POLICY IN DYNAMIC ECONOMIES
    KIM HENG TAN
    The role of fiscal policy in short-run macroeconomic stabilization is, by now, well known in the academic literature and in policy circles. However, this focus on the short-run, especially in a democracy, means that much less attention has been paid to the other consequences of the use of fiscal policy. By studying the intergenerational-welfare aspects of fiscal policy, this bo...

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