Assessing the Impact of a Change in the Composition of Public Spending : A DSGE Approach /

Despite intense calls for safeguarding public investment in Europe, public investment expenditure, when measured in relation to GDP, has steadily fallen in the last three decades, evoking fears that economic activity may be correspondingly negatively affected. At the same time, however, public consu...

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Hlavní autor: Tchakarov, Ivan
Další autoři: Straub, Roland
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2007.
Edice:IMF Working Papers; Working Paper ; No. 2007/168
On-line přístup:Full text available on IMF