The failure of stabilization policy: balanced-budget fiscal rules in the presence of incompressible public expenditures (Q2246743)

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scientific article; zbMATH DE number 7427737
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    The failure of stabilization policy: balanced-budget fiscal rules in the presence of incompressible public expenditures
    scientific article; zbMATH DE number 7427737

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      The failure of stabilization policy: balanced-budget fiscal rules in the presence of incompressible public expenditures (English)
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      16 November 2021
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      infinite horizon neoclassical model
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      fiscal policy
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      regime switching rational expectation equilibrium
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