A focused study group for the discussion of economics and economic policy.
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© 2020 Relevant Protocols Inc.
A focused study group for the discussion of economics and economic policy.
27587 Members
See All
We'll be adding more communities soon!
© 2020 Relevant Protocols Inc.
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Numerical rules for debt can be rigid, but they work - they accelerate the return to the earlier level of debt after increments. Procedural rules are flexible but difficult to communicate and monitor, especially without strong fiscal institutions.
Numerical rules for debt can be rigid, but they work - they accelerate the return to the earlier level of debt after increments. Procedural rules are flexible but difficult to communicate and monitor, especially without strong fiscal institutions.
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