New quantity-based indicators measure financial repression across 17 advanced economies since 1920. Repression peaked after WWII, receded with liberalization, and has risen since the GFC, generating measurable fiscal savings.
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Location: G-03
New quantity-based indicators measure financial repression across 17 advanced economies since 1920. Repression peaked after WWII, receded with liberalization, and has risen since the GFC, generating measurable fiscal savings.