Fiscal financing and the efficacy of fiscal policy in Korea: An empirical assessment with comparison to the U.S. evidence
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DOI: 10.1016/j.econmod.2017.03.001
Abstract: This paper aims to assess the empirical implications of fiscal financing in Korea and study how they differ from those of the U.S. We estimate two versions of the dynamic stochastic general equilibrium (DSGE) model—a… read more here.
Keywords: financing efficacy; fiscal policy; government; fiscal financing ... See more keywords