SEOUL NATIONAL UNIVERSITY · CENTER FOR LAW & ECONOMICS
Center for Law & Economics, Seoul National UniversityCENTER FOR LAW & ECONOMICS
ECONOMICS · RESEARCH RECORD
GlobalMacroeconomics

Fiscal consolidation: Temporary costs versus lasting scars

AT A GLANCE

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Public debt is at or near record highs across the OECD, increasing the pressure on governments to restore fiscal sustainability over time. This column

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