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Fiscal consolidation in a disinflationary environment : price vs. quantity-based measures / Pappa, Evi ; Sajedi, Rana ; Vella, Eugenia
An important feature of the current economic conditions in the EU, which challenges the design and implementation of macroeconomic policy, is inflation uncertainty. With monetary policy at the zero lower bound, and inflation well below its target, a key issue for policy makers is the effect /nthis has on the transmission of fiscal policy. [...]
2016 (Ademu Working Papers Series ; 3)

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