Fiscal Policy in IS-LM Analysis: A Correction
β Scribed by William L. Silber
- Book ID
- 120204685
- Publisher
- John Wiley and Sons
- Year
- 1970
- Tongue
- English
- Weight
- 277 KB
- Volume
- 2
- Category
- Article
- ISSN
- 0022-2879
- DOI
- 10.2307/1991097
No coin nor oath required. For personal study only.
π SIMILAR VOLUMES
## Abstract This paper estimates a model of fiscal response to analyse the impact of aid on government consumption and investment, tax revenue and public borrowing in Nicaragua in 1966β2004. This country is an interesting case study since aid flowsβi.e. grants and aid loansβaveraged more than 8 per
It has been realized for some time that the eflectiveness of fiscal policy is sensitive to the means of financing that policy. More particularly, expansionary fiscal policy financed by money creation is known to be more eficient than the same fiscal action financed by bond sales. This study uses bot