Fiscal Policy under Low Interest Rates

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, and-once the fight against inflation is won-real interest rates will likely b...

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Bibliographic Details
Main Author: Blanchard, Olivier (auth)
Format: Electronic Book Chapter
Language:English
Published: Cambridge The MIT Press 2022
Series:The MIT Press
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