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Large public debts need not imply fiscal dominance (Barthélemy et al.)
nov 16, 2021, 11:56 AM 0
Large public debts need not imply fiscal dominance by Jean Barthélemy, Eric Mengus, Guillaume Plantin published by VOXEU (11/2021). High levels of public debt may prevent central banks from fighting inflation. This column examines the conditions under which fiscal…