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The Political Economy of Government Debt / Alberto Alesina, Andrea Passalacqua.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Alesina, Alberto.
Contributor:
National Bureau of Economic Research.
Passalacqua, Andrea.
Series:
Working Paper Series (National Bureau of Economic Research) no. w21821.
NBER working paper series no. w21821
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2015.
Summary:
This paper critically reviews the literature which explains why and under which circumstances governments accumulate more debt than it would be consistent with optimal fiscal policy. We also discuss numerical rules or institutional designs which might lead to a moderation of these distortions.
Notes:
Print version record
December 2015.

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