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...

Полное описание

Библиографические подробности
Главный автор: Tchakarov, Ivan
Другие авторы: Straub, Roland
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2007.
Серии:IMF Working Papers; Working Paper ; No. 2007/168
Online-ссылка:Full text available on IMF