Budget Deficits and Macroeconomic Policy by J. O. N. Perkins
English | 29 May 1997 | ISBN: 0333656601, 0312175531 | 184 Pages | PDF | 10 MB

Discussions of macroeconomic policy often focus on changes in the budget deficit. A low budget deficit is one of the criteria for admission to the EMU.But some combinations of fiscal measures having a given effect on the budget deficit can have damaging effects on the principal macroeconomic objectives such as inflation and full employment, whereas other combinations will not.

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