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front-loaded-stimulus-back-loaded-austerity-the-optimal-fiscal-austerity-path-and-the-risks-of-other-routes

Front-Loaded Stimulus, Back-Loaded Austerity: The Optimal Fiscal Austerity Path and the Risks of Other Routes

By Nouriel Roubini / Dec 02, 2010

EXECUTIVE SUMMARY The fiscal stimulus implemented by numerous countries during the global recession was a significant factor in warding off...

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