Compositional Effects of Government Spending in a Two-Country Two-SectorProduction Model
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This paper explores the impact of changes in the composition of government spending on the level of relative prices, interest rates and the current account in a two country, two period Heckacher-Ohlii model. We show that shifting the composition of government spending affects macroeconomic variables
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美国国家经济研究局创建时间:
1988-03-01



