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 |