Modern perspectives on stabilization policies

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• dc.contributor.author Galí, Jordi, 1961-ca
• 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.date.modified 2017-07-23T02:09:11Z
• 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/pdfca
• 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.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.accessRights info:eu-repo/semantics/openAccess
• dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/es/
• 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.title Modern perspectives on stabilization policiesca
• dc.type info:eu-repo/semantics/workingPaper