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WO R K I N G PA P E R S E R I E S

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Academic year: 2019

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Figure 1 – Changes in the primary cyclically adjusted budget balance: 1970-2005
Table 1 – Some empirical results on non-Keynesian fiscal effects
Table 2 – Fiscal episodes (FE), based on the change in the cyclically adjusted primary  budget balance
Table 4 – Panel unit root results (1970-2005)
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