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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| Format: | Tidsskrift |
| Sprog: | English |
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Washington, D.C. :
International Monetary Fund,
1994.
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| Serier: | IMF Working Papers; Working Paper ;
No. 1994/068 |
| Online adgang: | Full text available on IMF |