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Browsing Recerca: working papers, preprints, informes, etc. by Subject "public spending"

Browsing Recerca: working papers, preprints, informes, etc. by Subject "public spending"

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  • Broner, Fernando; Martin, Alberto; Ventura, Jaume (2020-02-01)
    We analyze the conduct of fiscal policy in a financially integrated union in the presence of financial frictions. Frictions create a wedge between the return to investment and the union interest rate. This leads to an ...

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