Publication
An avenue for expansionary fiscal contractions
| dc.contributor.author | Afonso, António | |
| dc.date.accessioned | 2022-10-06T10:08:34Z | |
| dc.date.available | 2022-10-06T10:08:34Z | |
| dc.date.issued | 2007 | |
| dc.description.abstract | Expansionary fiscal contractions were first illustrated by several fiscal episodes that occurred in Europe during the 1980s. This paper suggests a simple analytical textbook model that encompasses both Keynesian and non-Keynesian effects of fiscal policy. In such a context, the possibility of expansionary fiscal contractions is linked to the responsiveness of the risk premium of domestic interest rates to the budgetary position of the government and to the existence of credit-rationed consumers. | pt_PT |
| dc.description.version | info:eu-repo/semantics/publishedVersion | pt_PT |
| dc.identifier.citation | Afonso, António. 2007. “An avenue for expansionary fiscal contractions”. MAPRA Paper No. 4593. Munich Personal RePEc Archive, 2007 | pt_PT |
| dc.identifier.uri | http://hdl.handle.net/10400.5/25668 | |
| dc.language.iso | eng | pt_PT |
| dc.publisher | MAPRA | pt_PT |
| dc.relation | UECE is supported by FCT (Fundação para a Ciência e a Tecnologia, Portugal) | pt_PT |
| dc.relation.ispartofseries | MPRA Paper, No. 4593. Munich Personal RePEc Archive, 2007; | |
| dc.subject | Fiscal Policy | pt_PT |
| dc.subject | Expansionary Fiscal Contractions | pt_PT |
| dc.subject | Non-Keynesian Effects | pt_PT |
| dc.title | An avenue for expansionary fiscal contractions | pt_PT |
| dc.type | working paper | |
| dspace.entity.type | Publication | |
| rcaap.rights | openAccess | pt_PT |
| rcaap.type | workingPaper | pt_PT |