NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

A Surplus of Ambition: Can Europe Rely on Large Primary Surpluses to Solve its Debt Problem?

Barry Eichengreen, Ugo Panizza

NBER Working Paper No. 20316
Issued in July 2014

---- Acknowledgements ----

We thank Andrea Presbitero, Edward Robinson and Yi Ping Ng for comments and suggestions. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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