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European Neighborhood Policy ; free trade agreement ; institutional harmonization ; EU ; Georgia …
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-- European Neighborhood Policy ; free trade agreement ; institutional harmonization ; EU; Armenia …
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This paper analyzes empirically the impact of fiscal policy on the price level for the cases of Germany and Spain. We investigate whether the fiscal theory of the price level (FTPL) is able to deliver a reasonable explanation for the different performances of the price level in these two...
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