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The Economics of Public Deficits
1987There are three basic issues connected with the economic consequences of the flow of deficits and the resulting stock of public debt.
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On the Political Economy of Public Deficits and Debt
German Economic Review, 2014Abstract In OECD countries, we have observed a considerable increase in public debt over recent decades caused by large and lasting deficits. What is the reason for this development and why is it rather different by country? There are two approaches to explain this.
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