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| Matthias Hartmann |
| Alfred-Weber-Institute for Economics, University of Heidelberg |
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| Bergheimer Str. 58 |
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| Heidelberg, 69115 |
| Germany |
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| matthias.hartmann@awi.uni-heidelberg.de |
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JEL Areas: H6 : National Budget, Deficit, and Debt: General F3 : International Finance: General |