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compensation that does not justify a debt. The paper examines public finance, political economy, and financial market issues that …
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"We develop a method for identifying and quantifying the fiscal channels that help finance government spending shocks …
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This working paper describes how the IFS's model of the UK's long-run public finances (and those of its constituent nations) is constructed. Our model projects tax revenues, public spending and hence public borrowing and debt up to 2062-63. This is done for the UK as a whole and also separately...
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