Procyclical Fiscal Policy
- Indbinding:
- Paperback
- Sideantal:
- 68
- Udgivet:
- 14. januar 2019
- Udgave:
- 12018
- Størrelse:
- 155x235x0 mm.
- Vægt:
- 454 g.
Leveringstid:
8-11 hverdage
Forventet levering: 20. november 2024
Beskrivelse af Procyclical Fiscal Policy
Conventional wisdom dictates that a fiscal policy should be counter-cyclical. In particular, by incorporating the political effort behavior of private agents into a weak government model, we explore how income fluctuations affect the optimal budget deficits in a political economy.
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