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Government deficits, consumption, and the price level

dc.contributor.authorAnnicchiarico, Barbara
dc.contributor.authorMarini, Giancarlo
dc.date.accessioned2018-05-30T09:51:56Z
dc.date.available2018-05-30T09:51:56Z
dc.date.issued2005-12
dc.description.abstractThis paper investigates the dynamics of the price level in a continuous time monetary version of the Yaari-Blanchard overlapping generations model with capital accumulation. It is shown that there is an interaction between fiscal disci- pline and price stability when the government budget is intertemporally balanced. Relevant implications are that high debt and slow adjustment adversely affect both prices and capital accumulation.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationAnnicchiarico, Barbara e Giancarlo Marini (2005). "Government deficits, consumption, and the price level". Portuguese Economic Journal, 4(3):193-205pt_PT
dc.identifier.doi10.1007/s10258-005-0047-1pt_PT
dc.identifier.issn1617-982X (print)
dc.identifier.issn1617-9838 (online)
dc.identifier.urihttp://hdl.handle.net/10400.5/15521
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.publisherSpringer Verlagpt_PT
dc.subjectFiscal deficitspt_PT
dc.subjectPrice stabilitypt_PT
dc.subjectGovernment debtpt_PT
dc.titleGovernment deficits, consumption, and the price levelpt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.citation.conferencePlaceLisboapt_PT
oaire.citation.endPage205pt_PT
oaire.citation.issue3pt_PT
oaire.citation.startPage193pt_PT
oaire.citation.titlePortuguese Economic Journalpt_PT
oaire.citation.volume4pt_PT
rcaap.rightsclosedAccesspt_PT
rcaap.typearticlept_PT

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