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The debacle of austerity

24 October 2012 0

By Xavier Timbeau This text summarizes the OFCE’s October 2012 forecasts. The year 2012 is ending, with hopes for an end to the crisis disappointed. […]

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Fiscal policy honoured

22 February 2012 0

By Jérôme Creel “The size of many multipliers is large, particularly for spending and targeted transfers.” Who today would dare to write such a thing?