Output Decline and Government Expenditures in European Transition Economies /

This paper discusses the role of government expenditure policies in the decline in aggregate output in European transition economies. It is argued that there is little evidence for the hypothesis that more expansionary expenditure policies would have helped to mitigate the output decline. While meas...

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Chi tiết về thư mục
Tác giả chính: Schwartz, Gerd
Tác giả khác: Chu, Ke-young
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 1994.
Loạt:IMF Working Papers; Working Paper ; No. 1994/068
Truy cập trực tuyến:Full text available on IMF