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