Fiscal policy, entry and capital accumulation: hump-shaped responses

DOI10.1016/J.JEDC.2013.03.005MaRDI QIDQ1994145zbMATH OpenOpenAlexFDO

Authors Paulo Brito, Huw D. Dixon

Publication date 1 November 2018

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL http://carbsecon.com/wp/E2012_7.pdf

zbMATH Keywords

entryfiscal policymacroeconomic dynamicsRamsey

Mathematics Subject Classification ID

Production theory, theory of the firm (91B38) Economic growth models (91B62) Macroeconomic theory (monetary models, models of taxation) (91B64)

Recommendations

• The transitional dynamics of fiscal policy in small open economies
• Ramsey fiscal policy and endogenous growth
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• Profits, markups and entry: fiscal policy in an open economy
• Fiscal policy, monopolistic competition, and finite lives

Cites work

• Fiscal shocks and their consequences.
• Imperfect competition and the Keynesian cross
• The effects of taxes and dividend policy on capital accumulation and macroeconomic behavior
• The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity

Cited in

(9)

• Hysteresis and fiscal policy
• Non-smooth dynamics and multiple equilibria in a Cournot-Ramsey model with endogenous markups
• Measured productivity with endogenous markups and economic profits
• Macroeconomic (in)stability and endogenous market structure with productive government expenditure
• The transitional dynamics of fiscal policy in small open economies
• Government spending and monopolistic competition with heterogeneous firm productivity
• Optimal long-run monetary policy in a monopolistic competition model with industry clusters
• Product market competition, industry clusters, fiscal policy and economic growth
• Fiscal policy, monopolistic competition, and finite lives

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