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A Keynesian Defense of the Reagan Deficit

Richard Cebula ()

American Journal of Economics and Sociology, 1990, vol. 49, issue 1, 47-52

Abstract: Abstract. The argument of Professor R. J. Alexander that the Reagan deficit had little impact upon interest rates is attacked on the basis of a lack of empirical analysis and its reliance upon the non‐market prime rate of interest. Procedures used follow Hoelscher, Barth, Iden, Russek, and others and relate to the expected inflation rate.

Date: 1990
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https://doi.org/10.1111/j.1536-7150.1990.tb02259.x

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