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“Sustainable Plans,” with V. V. Chari, Journal of Political Economy, August 1990. Reprinted in Monetary and Fiscal Policy , Vol. 1, Credibility, ed. Torsten Persson and Guido Tabellini, MIT Press, 1994.

Reprinted from the JOURNAL OF POLITICAL ECONOMY published by the University of Chicago Press, copyright © 1990 by The University of Chicago. All rights reserved.

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