The savers-spenders theory of fiscal policy

Article Abstract:

Consumer behavior is more heterogeneous than may be apparent, and this undermines assumptions in macroeconomic theory relating to fiscal policy. Bequests are a key factor in capital accumulation, while many households have zero or negative net worth, affecting consumption smoothing.

Economics, Research and Development in the Social Sciences and Humanities, Personal Consumption Expend, Research, Consumption (Economics), Macroeconomics

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The savers-spenders theory of fiscal policy: corrigendum

Article Abstract:

Relationship between government debt and capital stock with relation to fiscal policy is presented.

Public Finance Activities, Fiscal Policy, Analysis, Interpretation and construction, Capital stock, Debt management, Capital stocks

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Pervasive stickiness

Article Abstract:

A study on spreading nature of sticky information in labor markets is presented.

General services, Management dynamics, Management, Company systems management, Information management, Labor market, Company business management, Business cycles, Labour market, Information asymmetry

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