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By Bilal Hafeez 18-09-2019
In: top-picks | Other

Top Picks: Fiscal Policy & Inequality

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18th February A new fiscal Taylor rule and big pharma’s transfer pricing A Model-based Fiscal Taylor Rule and a Toolkit to Assess the Fiscal Stance (IMF, 36 page read) Assesses the fiscal stance, defined as the change in the structural primary balance, by using public debt, output gap and primary balance in the preceding period as the starting point. The model points to G7 primary balances below the recommended levels. Tax Games: Big Pharma Versus…

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