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Mid-Term Paper U6203943 1449776 172515824 by florischa.ayu is a document available to read on EtoBox.

This paper uses the G-Cubed model to analyze the effects of a 1% GDP fiscal consolidation in the United States, revealing that while the US contracts in the short-run, it benefits in the long-run compared to the rest of the world (RoW). A phased consolidation yields less immediate contraction and better long-term outcomes than a non-phased approach, while global fiscal consolidation benefits both the US and RoW over time. The findings highlight the complex dynamics of fiscal policy and its varying impacts o

Author

florischa.ayu

Language

EN