Do Deficits Matter?

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Product Information

ISBN9780226751139
PublisherThe University of Chicago Press
Price (excl. tax)€45.19
Tax€2.71
Price (incl. tax)€47.90
AvailabilityUnavailable

Product Description

Asking the question "Do deficits matter?", this text answers both yes and no. Yes, because fiscal policy affects generational distribution, national saving and the level of government spending. And no, because the deficit is an inaccurate measure with little economic content.