Keynesian multipliers, direct crowding out, and the optimal provision of public goods
Article Abstract:
Public and private goods were used in a private utility to effectively study Keynesian multipliers in a macroeconomic model with monopolistic competition. Such method offers an opportunity to assess the impact of direct crowding out on the size of national income, profit and employment multpliers when real public spending is increased. A positive real national income multiplier is achieved whenever private consumption is valued more by consumers over public consumption.
Publication Name: Journal of Macroeconomics
Subject: Economics
ISSN: 0164-0704
Year: 1997
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Durability in consumption and the dynamics of the current account
Article Abstract:
A study on the effects of fiscal policies in a small open economy under imperfect consumption is presented.
Publication Name: Journal of Economic Dynamics & Control
Subject: Economics
ISSN: 0165-1889
Year: 2006
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Fiscal policy, monopolistic competition, and finite lives
Article Abstract:
The effects of fiscal policies on closed economic monopolistic competitions are analyzed.
Publication Name: Journal of Economic Dynamics & Control
Subject: Economics
ISSN: 0165-1889
Year: 2007
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