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Bag om Procyclical Fiscal Policy

Conventional wisdom dictates that a fiscal policy should be counter-cyclical. In particular, by incorporating the political effort behavior of private agents into a weak government model, we explore how income fluctuations affect the optimal budget deficits in a political economy.

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  • Sprog:
  • Engelsk
  • ISBN:
  • 9789811329944
  • Indbinding:
  • Paperback
  • Sideantal:
  • 68
  • Udgivet:
  • 14. Januar 2019
  • Udgave:
  • 12018
  • Størrelse:
  • 155x235x0 mm.
  • Vægt:
  • 454 g.
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Leveringstid: 2-3 uger
Forventet levering: 20. Juli 2024

Beskrivelse af Procyclical Fiscal Policy

Conventional wisdom dictates that a fiscal policy should be counter-cyclical. In particular, by incorporating the political effort behavior of private agents into a weak government model, we explore how income fluctuations affect the optimal budget deficits in a political economy.

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