Private Sector Consumption and Government Consumption and Debt in Advanced Economies : An Empirical Study /

This paper explores the hypothesis that the propensity to consume out of income varies in a non-linear fashion with fiscal variables, and in particular with government debt per capita. Using data from eighteen OECD countries the paper examines whether there is any empirical evidence to support the h...

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Автор: Mukherjee, Sanchita
Інші автори: Bhattacharya, Rina
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2010.
Серія:IMF Working Papers; Working Paper ; No. 2010/264
Онлайн доступ:Full text available on IMF