Publication
Entry and fiscal policy effectiveness in a small open economy within a Monetary Union
| dc.contributor.author | Costa, Luís F. | |
| dc.date.accessioned | 2018-05-30T12:28:44Z | |
| dc.date.available | 2018-05-30T12:28:44Z | |
| dc.date.issued | 2006-05 | |
| dc.description.abstract | In this article I develop an imperfectly competitive dynamic general equilibrium model for a small open economy integrated in a monetary union. Here, the type of entry in the non-traded goods’ sector affects fiscal policy effectiveness. Fiscal policy effectiveness is enlarged when aggregate demand stimuli increase intra-industrial competition (case I). This is due to the counter-cyclical mark-up mechanism generated by entry. Such a mechanism is absent in the usual monopolistic competition where entry only has a sharing effect (case II). | pt_PT |
| dc.description.version | info:eu-repo/semantics/publishedVersion | pt_PT |
| dc.identifier.citation | Costa, Luís F. (2006). "Entry and fiscal policy effectiveness in a small open economy within a Monetary Union". Portuguese Economic Journal, 5(1):45-65 | pt_PT |
| dc.identifier.doi | 10.1007/s10258-006-0003-8 | pt_PT |
| dc.identifier.issn | 1617-982X (print) | |
| dc.identifier.issn | 1617-9838 (online) | |
| dc.identifier.uri | http://hdl.handle.net/10400.5/15524 | |
| dc.language.iso | eng | pt_PT |
| dc.peerreviewed | yes | pt_PT |
| dc.publisher | Springer Verlag | pt_PT |
| dc.subject | Small Economy | pt_PT |
| dc.subject | Entry | pt_PT |
| dc.subject | Fiscal Policy | pt_PT |
| dc.subject | Endogenous Mark-Ups | pt_PT |
| dc.title | Entry and fiscal policy effectiveness in a small open economy within a Monetary Union | pt_PT |
| dc.type | journal article | |
| dspace.entity.type | Publication | |
| oaire.citation.conferencePlace | Lisboa | pt_PT |
| oaire.citation.endPage | 65 | pt_PT |
| oaire.citation.issue | 1 | pt_PT |
| oaire.citation.startPage | 45 | pt_PT |
| oaire.citation.title | Portuguese Economic Journal | pt_PT |
| oaire.citation.volume | 5 | pt_PT |
| rcaap.rights | closedAccess | pt_PT |
| rcaap.type | article | pt_PT |