Can an Increased Budget Deficit Be Contractionary?
收藏NBER1984-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w1434
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资源简介：
The present paper shows how a negative fiscal multiplier is possible in a two-sector economy that is otherwise similar to the traditional one-sector Keynesian analysis. The key to this surprising possibility is that an increased budget deficit changes the sectoral balance of demand. A reduction of
提供机构：
美国国家经济研究局
创建时间：
1984-08-01
