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Perhaps the most revealing, a 2009 study by Alberto Alesina (Harvard) and Silvia Ardagna (Merrill Lynch), focused properly on the composition of fiscal programs.
"A comprehensive package consisting of a more growth-friendly composition of fiscal policy, an expansionary fiscal stance where fiscal space is available, demand-supportive structural reforms and measures aimed at addressing weaknesses in bank and corporate balance sheets should play a complementary role in mitigating the risk of protracted weak demand and low inflation".
Moreover, detailed information on the composition of fiscal packages is provided.
As such, central banks would ensure a sound, growth friendly, composition of fiscal expenditure.
Similar(56)
Lyle, M. W. Major element composition of Leg 92 sediments.
The exact composition of next year's Senate is not yet certain.
The best graded buffers obtained had TDD<9.5×104 cm−2, at a final composition of x=0.346.
A new resource-saving duplex stainless steel with composition of
The difference indicates the substantial change in the composition of today's immigrants compared with earlier immigration waves.
Dual nanofiber mat with a Nafion/PANI composition of 50/50 wt% was prepared.
The desired composition of Fe80Ga20 was obtained at −1.4 VSCE and −1.5 VSCE, respectively.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com