The economic effects of restrictions on government budget deficits

Article Abstract:

The impact of restrictions on the budget deficits of governments is examined in detail.

Economic research, Budget deficits

---

Optimal policy in OG models

Article Abstract:

Government fiscal policy is used to maximize social welfare. The equilibrium path is found to possess the turnpike property.

Fiscal policy, Welfare economics

---

Multiplicity of equilibria

Article Abstract:

Testing the multiplicity of equilibria for the purpose of determining behavior in various economic conditions reveals that market failures are caused by the lack of coordination between economic agents. Testing of multiple equilibria reveals that there are unique values for equilibria to have a one-to-one correspondence with other values so that if these values are not maintained, market failure results.

Usage, Testing, Economic indicators, Equilibrium (Economics), Multiplicity (Mathematics)

Similar abstracts:

• Abstracts: The impact of host country government policy on US multinational investment decisions. Globalisation, economic policy and convergence
• Abstracts: The effect of Medicaid expansions on public insurance, private insurance, and redistribution. Generational aspects of Medicare
• Abstracts: The economic impacts of climate change: evidence from agricultural output and random fluctuations in weather. The convergence in black-white infant mortality rates during the 1960s
• Abstracts: Judgmental forecasting: a review of progress over the last 25 years. Sales forecasting updates: how good are they in practice?
• Abstracts: Sales forecasts for existing consumer products and services: do purchase intentions contribute to accuracy? An application of rule-based forecasting to a situation lacking domain knowledge

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.