The Macroeconomics Effects of Government Spending Under Fiscal Foresight
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DOI: 10.1111/saje.12151
Abstract: Consumption and output responses to fiscal shocks are studied in a model with fiscal foresight. Fiscal foresight reduces both output multipliers and consumption. However, key features such as sticky wages, credit constrained households and elastic… read more here.
Keywords: effects government; macroeconomics effects; macroeconomics; government spending ... See more keywords