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Fiscal Policy in an Age of Secular Stagnation
An on-going period of secular stagnation in advanced economies has brought down interest rates, growth rates and inflation. Due to the relatively larger fall in interest rates, the differential between the interest rate paid on government debt and the output growth rate (IRGD) became lower and has e...
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
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Palgrave Macmillan UK
2020
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| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7378408/ https://www.ncbi.nlm.nih.gov/pubmed/32836739 http://dx.doi.org/10.1057/s41294-020-00128-x |