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Abstract This paper conducts an empirical investigation of the effects of temporary versus persistent fiscal policy shocks. Using data from the US I show that short lived fiscal expansions have a positive effect on output and consumption; while persistent fiscal shocks generate negative effects...
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Fiscal expansion in Bangladesh, the People's Republic of China, Indonesia, and the Philippines via increased spending … effects of fiscal policies in four Asian countries - Bangladesh, the People's Republic of China, Indonesia, and the …
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