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Now showing items 1131-1133 of 1133
The output effect of fiscal consolidation plans
(Elsevier BV, 2015-07)
We show that the correct experiment to evaluate the effects of a fiscal adjustment is the simulation of a multi year fiscal plan rather than of individual fiscal shocks. Simulation of fiscal plans adopted by 16 OECD countries ...
Coase versus the Coasians
(Oxford University Press (OUP), 2001-08-01)
Who should enforce laws or contracts: judges or regulators? Many Coasians, though not Coase himself, advocate judicial enforcement. We show that the incentives facing judges and regulators crucially shape this choice. We ...
Korean Unification?
(2014)