Output effects of government purchases

The theoretical analysis focuses on the distinction between temporary and permanent movements in government purchases. Under plausible conditions, the temporary case involves an output response that is positive, less than one-to-one with the change in government purchases, and larger than that gener...

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Bibliographic Details
Main Author: Barro, Robert J
Format: Book
Published: Chicago, Ill. University of Chicago Press December 1981
Series:Journal of Political Economy n. 6
Subjects: