The dynamically extended Keynesian cross and the welfare-improving fiscal policy

DOI10.1016/J.ECONLET.2006.12.005MaRDI QIDQ1934090zbMATH OpenOpenAlexFDO

Authors Masayuki Otaki

Publication date 28 January 2013

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.econlet.2006.12.005

zbMATH Keywords

fiscal multiplierKeynesian crossseignioragewelfare-improving fiscal policy

Mathematics Subject Classification ID

Welfare economics (91B15) Economic growth models (91B62) Macroeconomic theory (monetary models, models of taxation) (91B64)

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Cites work

• Imperfect competition and the Keynesian cross
• Imperfect competition, the Keynesian cross, and optimal fiscal policy
• The General Theory of Employment, Interest, and Money

Cited in

(4)

• A welfare economics foundation for the full-employment policy
• Imperfect competition, the Keynesian cross, and optimal fiscal policy
• In praise of wasteful spending
• Involuntary unemployment as a Nash equilibrium and fiscal policy for full employment

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