Government deficits, private investment and the current account: an intertemporal disequilibrium analysis
| Authors | |
|---|---|
| Publication date | 1987 |
| Journal | Economic Journal |
| Volume | Issue number | 97 | 387 (Sep) |
| Pages (from-to) | 596-- |
| Number of pages | 20 |
| Organisations |
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| Abstract | An analysis of the fiscal policy in the account of a model with intertemporal optimisation underlying private behaviour. Besides is incorporated explicitly the possibility of (short-run) labour and goods market disequilibrium caused by Fischer (1977)--Gray (1978) type contract-based real-wage rigidities and within-period downwards price inflexibility. |
| Document type | Article |
| Published at |
https://doi.org/10.2307/2232926
(Final published version)
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| Permalink to this page | |
