Government deficits, private investment and the current account: an intertemporal disequilibrium analysis
| Authors |
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| Publication date |
1987
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| Journal |
Economic Journal
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| Volume | Issue number |
97 | 387 (Sep)
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| Pages (from-to) |
596--
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| Number of pages |
20
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| Organisations |
-
Faculty of Economics and Business (FEB) - Amsterdam School of Economics Research Institute (ASE-RI)
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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.
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| Document type |
Article
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| Published at |
https://doi.org/10.2307/2232926
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