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Fiscal Deficits and Relative Prices in a Growing World Economy

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NBER1988-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/w2725
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This paper studies the transmission of fiscal disturbances between countries, and the effect of those disturbances on worldwide capital intensity, in a context of growth. The model developed to address these issues allows for the production of both nontradable and relatively capital-intensive

本文于增长分析框架之下,研究了各国间财政扰动的跨国传导问题,以及此类扰动对全球资本密集度的影响。为解决上述问题所构建的模型,可支持同时生产不可贸易品(nontradable)与相对资本密集型
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1988-10-01
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