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methods, we found the absolute and relative primary values of the year-on-year changes in public revenues, public expenditures …
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government expenditures is higher from 2010 onwards, and, for higher average public debt ratios, the response is lower, while …
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After a brief introduction dealing with critical opinions of some economists on the European austerity policy, the authors point out that austerity as a means of achieving fiscal consolidation and financial stability is applied when the fiscal domain is weak. After analyzing the effects of the...
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