Simple Analytics of the Government Expenditure Multiplier
收藏NBER2010-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/w15714
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资源简介:
This paper explains the key factors that determine the effectiveness of government purchases as a means of increasing output and employment in New Keynesian models, through a series of simple examples that can be solved analytically. Delays in the adjustment of prices or wages can allow for larger
提供机构:
美国国家经济研究局
创建时间:
2010-01-01



