Demand-Side Stabilization Policies : What is the Evidence of their Potential? /
Using disaggregated data for the United States, this paper explores the effects of the variability of fiscal and monetary policy shocks. Higher variability of government spending shocks around a steady-state growth trend results, on average, in a decline in aggregate demand growth and inflation, wit...
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| Format: | Revija |
| Jezik: | English |
| Izdano: |
Washington, D.C. :
International Monetary Fund,
2000.
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| Serija: | IMF Working Papers; Working Paper ;
No. 2000/197 |
| Online dostop: | Full text available on IMF |