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关注：1
2013-05-23 12:21
求翻译：The delay in the government bailout acts similarly to the crowding out effect that the government debt has on investment in many models.One way to see this in our model is to suppose that the government immediately bails the banks out,financing the bailout by issuing new debt.Absent Ricardian equivalence,private saving是什么意思？ 待解决
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The delay in the government bailout acts similarly to the crowding out effect that the government debt has on investment in many models.One way to see this in our model is to suppose that the government immediately bails the banks out,financing the bailout by issuing new debt.Absent Ricardian equivalence,private saving
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