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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| English | The failure of stabilization policy: balanced-budget fiscal rules in the presence of incompressible public expenditures |
scientific article; zbMATH DE number 7427737 |
Statements
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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0.8209764
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0.81132126
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0.80125654
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0.7988834
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0.7987938
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