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Fiscal Policy: Absolute Ceiling or No Limits to Deficit Spending?

2022
During the coronavirus pandemic, most governments have implemented a very expansionary fiscal policy. As governments faced a pressing demand to increase public spending within very short periods, the only available source of funding was borrowing. One of the core questions with regard to the economic policies in post-coronavirus capitalism is how to ...
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Taxing Deficits to Restrain Government Spending

Journal of Public Economic Theory, 2009
AbstractIn a dynamic model of fiscal policy, social polarization provokes a deficit bias. Policy advisors have recently proposed that governments running a deficit should be forced to generate additional tax revenue. We show that this deficit taxation reduces each group's spending bias today because it decreases the fear that the financial resource ...
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Unholy Matrimony: Monetary Expansion and Deficit Spending

2014
For the past several years, economists concerned with monetary policy have been establishing that an independent monetary policy maker provides superior price stability than a monetary policy maker that is more connected with politics (Alesina and Summers 1993).
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Deficit spending and the debt

Journal of Policy Analysis and Management, 2010
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Limit to Non-Inflationary Deficit Spending

Social Scientist, 1986
Atul Sarma, V. B. Tulasidhar
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Deficit Government: Taxing and Spending in Modern America.

The Journal of Southern History, 1996
Richard Adelstein, Iwan W. Morgan
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