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die Finanzpolitik entschlossen gegensteuern. Das von der Bundesregierung beschlossene Maßnahmenbündel ist hierfür völlig …
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The paper revisits the empirical link between fiscal policy and macroeconomic stability. Our basic presumption is that by definition, the operation of automatic stabilizers should always and everywhere contribute to greater macroeconomic stability (output and consumption). However, two stylized...
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