A Model of Endogenous Fiscal Deficits and Delayed Fiscal Reforms
收藏NBER1997-12-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w6336
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资源简介：
This paper develops a political-economic model of fiscal policy one in which" government resources are a common property' out of which interest groups can finance" expenditures on their preferred items. This setup has striking macroeconomic implications. " First, fiscal deficits and debt
提供机构：
美国国家经济研究局
创建时间：
1997-12-01
