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Alesina Drazen (1991) - Why Are Stabilizations Delayed (view source)
Revision as of 00:57, 8 March 2011
, 00:57, 8 March 2011→The Model
where <math>b ^\bar \equiv b_0 + \frac{g_0}{r}\,</math>, which is the present discounted value of future taxes.
