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Evolution of the New Market Tax Credit
The New Market Tax Credit (NMTC) is a place-based policy in the United States which annually incentivizes billions in direct investments towards selected impoverished... -
The impact of forecast errors on fiscal planning and debt accumulation
We investigate the impact of errors in medium run tax revenue forecasts on the final budget balance. Our analysis is based on fiscal data for the entirety of German states and... -
Human Capital and Economic Growth in OECD Countries Revisited: Initial Stock ...
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