Procyclical Fiscal Policy
Keigo Kameda, Toshihiro Ihori
Springer Verlag, Singapore, 2019
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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.
- ISBN-13
- 9789811329944
- ISBN-10
- 981132994X
- Publisher
- Springer Verlag, Singapore
- Year
- 2019
- Publication date
- 2019-01-14
- Pages
- 68
- Dimensions
- 235x155x