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Modern perspectives on stabilization policies
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| dc.contributor.author | Galí, Jordi, 1961- |
| dc.contributor.other | Universitat Pompeu Fabra. Departament d'Economia i Empresa |
| dc.date.accessioned | 2017-07-26T12:08:00Z |
| dc.date.available | 2017-07-26T12:08:00Z |
| dc.date.issued | 2004-10-01 |
| dc.identifier | https://econ-papers.upf.edu/ca/paper.php?id=830 |
| dc.identifier.citation | CESifo Economic Studies, Vol. 51, 587-599, 4/2005 |
| dc.identifier.uri | http://hdl.handle.net/10230/577 |
| dc.description.abstract | The present paper describes recent research on two central themes of Keynes General Theory: (i) the social waste associated with recessions, and (ii) the effectiveness of fiscal policy as a stabilization tool. The paper also discusses some evidence on the extent to which fiscal policy has been used as a stabilizing tool in industrial economies over the past two decades. |
| dc.format.mimetype | application/pdf |
| dc.language.iso | eng |
| dc.relation.ispartofseries | Economics and Business Working Papers Series; 830 |
| dc.rights | L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons |
| dc.rights.uri | http://creativecommons.org/licenses/by-nc-nd/3.0/es/ |
| dc.title | Modern perspectives on stabilization policies |
| dc.type | info:eu-repo/semantics/workingPaper |
| dc.date.modified | 2017-07-23T02:09:11Z |
| dc.subject.keyword | business cycles |
| dc.subject.keyword | inefficient allocations |
| dc.subject.keyword | government spending multiplier |
| dc.subject.keyword | non-ricardian households |
| dc.subject.keyword | countercyclical policies |
| dc.subject.keyword | Macroeconomics and International Economics |
| dc.rights.accessRights | info:eu-repo/semantics/openAccess |
