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Fiscal Policy as a Stabilization Tool. The Case for Quasi-Automatic Stabilizers, With an Application to the VAT by Olivier J. Blanchard published  by NBER (4/2025). “Most of the focus of recent stabilization policy research and practice has been on…

Rethinking stabilization policy: Evolution or revolution? by Olivier J. Blanchard and Lawrence H. Summers publishde by NBER (12/2017). “At a minimum, they suggest that policies may need to become more aggressive, both ex-ante and ex-post, with a rebalancing of…