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policy, tax competition, the EU budget, structural policy, inequality, gender equality, post carbon economy, well … EU member states want to escape those looming risks, they must, as they always have in the last five decades, reinvent …
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This paper describes recent trends on the effectiveness of stabilisers in the European Union. Using both macro evidence on the cyclical sensitivity of budget deficit to economic activity and micro evidence on the tax and expenditure profiles, we conclude, in agreement with the recent literature,...
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