Fiscal policy under low interest rates / Olivier Blanchard.
Rethinking fiscal and monetary policy in an economic environment of high debt and low interest rates. Policy makers in advanced economies find themselves in an unusual fiscal environment: debt ratios are historically high, while real interest rates are extremely low. Such a fundamental change, which...
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Format: | Electronic |
Language: | English |
Published: |
Cambridge :
The MIT Press,
[2023]
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Subjects: | |
Online Access: | Click for online access |