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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Detalles Bibliográficos
Autor Principal: Tchakarov, Ivan
Outros autores: Straub, Roland
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2007.
Series:IMF Working Papers; Working Paper ; No. 2007/168
Acceso en liña:Full text available on IMF