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Fiscal consolidation: Dr Pangloss meets Mr Keynes

Fiscal consolidation: Dr Pangloss meets Mr Keynes. by Marcus Miller and Lei Zhang. Debt unsustainability and measure to correct this. Variables used are defined as follows:. b. B. Debt sustainability and government expenditure. Tax take. Bond Accumulation. A 2. A 0. A 1. A. b 0.

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Growth fund stability - PowerPoint PPT Presentation

Fiscal consolidation: Dr Pangloss meets Mr Keynes