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We study the effects of fiscal policy on macroeconomic developments in Italy over the period 1982-2010 with a Structural Vector Autoregression (SVAR) model. We include public debt and impose the government budget constraint in the estimation. In contrast with previous research we also include...
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the Australian establishment have boasted that Australia is relatively immune: it is a "Lucky Country", and has avoided … the crises through wise policy, this is at best a partial truth. Professionals within and outside Australia have been …
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