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šŸ›¢ļø When oil is scarce and debt is binding: policy sequencing under a severe energy supply shock If temporary monetary-fiscal coordination is feasible, it should be pre-committed, conditional and bounded by a published exit rule. šŸ“‘ Working Paper by Gene Frieda šŸ”— buff.ly/XKrbNEd #EconSky
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When oil is scarce and debt is binding: policy sequencing under a severe energy supply shock
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With inflation still binding and fiscal space thin, the 2026 Iran shock revives the case for pre-committed, conditional yield anchors with clear exit
Bruegel