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Persistent link: https://www.econbiz.de/10009349326

Strong economic upturn in Germany

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This paper presents an analysis of the implications of Greece's intense and long-lasting fi scal and external imbalances for the potential efficacy of a discretionary fiscal policy response to the current recession. It argues that, given recent developments in interest rate spreads and the...

Persistent link: https://www.econbiz.de/10009626606

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The first step on a long path toward normalization

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USA : Monetary policy dampens upswing

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