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reliability of output gap estimation methods and their use for calculating structural budget balances. In this paper we review the …
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reliability of output gap estimation methods and their use for calculating structural budget balances. In this paper we review the …
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discretionary fiscal policy has been procyclical, and the degree of procyclicality has increased in recent years. While the national …
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The Great Recession and the widespread adoption of fiscal austerity policies have heightened concern about inequality and how well tax-benefit systems redistribute. We examine how the distribution of income in the EU countries which were hardest hit during the recession evolved over this time....
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