McKibbin, Warwick J.; Stoeckel, Andrew B.; Lu, YingYing - In: The World Economy 37 (2014) 7, pp. 892-922
type="main" xml:id="twec12185-abs-0001" <title type="main">Abstract</title> <p>The emergence of substantial fiscal deficits and a large build up of government debt in major advanced economies will inevitably lead to a period of fiscal consolidation in coming years. In an earlier paper, Asian Economic Papers, 9, 2010 and 54,...</p>
