Abstract
The message that emerges from the preceding chapter is quite clear: monetary policy provides a push toward GDP growth by way of investments, but generates inflationary pressures and does not guarantee a steady and permanent reduction in unemployment.
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© 2003 Mario Baldassarri and Francesco Busato
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Baldassarri, M., Busato, F. (2003). Higher Spending, Higher Taxes and No Reforms. In: Full Employment and High Growth in Europe. Palgrave Macmillan, London. https://doi.org/10.1057/9781403937360_7
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DOI: https://doi.org/10.1057/9781403937360_7
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-51491-5
Online ISBN: 978-1-4039-3736-0
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