Fiscal Policy: Financing and Indebtedness

We thank Guido Ascari, Francesco Bianchi, Gabriele Galati, Dmitriy Sergeyev, as well as seminar and conference participants at the 28th Annual Research Conference of the Dutch Central Bank, 15th ifo Conference on Macroeconomics and Survey Data, Midwest Econometrics Group meeting, and PHBS-HKBU Macro Workshop for helpful comments. We thank Dario Cardamone, Jeroen Dalderop, Isabel G�dl-Hanisch, Humberto Martinez-Garcia, Jean Garry Junior Roc, and Efthymios Sintos for their expert assistance and valuable comments on the survey questionnaire. The research described in this article was approved by the Tsinghua University Science and Technology Ethics Committee. Registered in the AEA RCT Registry (AEARCTR-15431). The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research. Zhang acknowledges support from the National Natural Science Foundation of China (No.72422014).

• randomized controlled trials registry entry