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This Selected Issues paper analyzes France's fiscal stance using a structural stochastic model. The theoretical model … can help build buffers that could help France confront the next downturn from a stronger fiscal position. The analysis … highlights that, on average, fiscal policy in France exhibited a deficit bias over the past four decades, being unable to react …
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This paper presents an overview of the different methodologies that can be used to measure the amount of available slack in an economy. A comparison of these alternatives reveals that the evolution of the Nairu is crucial for understanding recent cyclical developments in the French economy. A...
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formal quantitative analysis. We begin with studies of the Dutch Republic, England, the U.S., France, Germany and Japan that …
Persistent link: https://www.econbiz.de/10013210573
formal quantitative analysis. We begin with studies of the Dutch Republic, England, the U.S., France, Germany and Japan that …
Persistent link: https://www.econbiz.de/10012470401