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This paper explores the hypothesis that the propensity to consume out of income is not constant but varies, perhaps in … Bertola-Drazen model) between the propensity to consume out of income and the government consumption-to-GDP ratio …
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This paper explores the hypothesis that the propensity to consume out of income is not constant but varies, perhaps in … Bertola-Drazen model) between the propensity to consume out of income and the government consumption-to-GDP ratio …
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