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Policy Rules, Private Information, Delegation, Mechanism Design
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delegation, mechanism design, Policy Rules, private information
Private Information, Fiscal Policy, Deficit Bias, Enforcement Constraints
deficit bias, Fiscal policy, private information, Self-Enforcing Rules
costly verification, escape clause, optimal delegation
bad loans, banks, career concerns, Dynamic games, private learning, strategic experimentation
deficit bias, Enforcement Constraints, Fiscal policy, private information
Asymmetric and Private Information, institutions, Macroeconomic Policy, political economy, Structure of Government
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