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Juniours Marire
AbstractOrientation: Heterodox economic scholarship has challenged the neoclassical doctrine that fiscal deficit increases unemployment in the long-term.Research purpose: This article examined the relationship between fiscal deficits and unemployment.Mot...
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Clements Akinsoyinu
Pág. 1 - 10
The Great Financial Crisis has been touted to be the worst crisis since the Great Depression of 1930; its effect has profound ramifications on the global economy. The nature and the severity of the crisis provoked an unprecedented policy response from po...
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Paulo André Camuri, Frederico G. Jayme Jr., Ana Maria Hermeto
The debate regarding fiscal policy has given support to the formulation of an economic policy based on control of indebtedness and in persecution of public savings, acting as important support for the economic growth. This paper presents evidence that co...
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Jovan Ðura?kovic
Pág. 39 - 47
This paper presents the main aspects of the 2008 global economic crisis through the prism of the Great Depression of the 1930s. The aim of this paper is to illustrate the importance of the lessons learned in the Great Depression in overcoming the modern ...
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Terenzio Cozzi
The expansionary fiscal contraction thesis, that implies negative values for the fiscal multipliers, is criticised both from a theoretical and an empirical point of view. The most recent researches find multipliers of rather high positive values, in cont...
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