|
EconStor >
Institut für Weltwirtschaft (IfW), Kiel >
Kieler Arbeitspapiere, IfW >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/45877
|
| | |
| Title: | | Trend growth and the dynamic effects of government spending  |
| Authors: | | Tesfaselassie, Mewael F. |
| Issue Date: | | 2011 |
| Series/Report no.: | | Kiel Working Papers 1678 |
| Abstract: | | The paper studies the macroeconomic effects of government spending shocks in an economy characterized by positive trend growth. It shows that the lower is the trend growth rate the less inflationary are government spending shocks and vice versa. Moreover, on impact output is higher but exhibits less persistence the lower is trend growth, an effect that also characterizes consumption and the government spending multiplier, given that consumption and labor are somewhat complementary. |
| Subjects: | | Trend growth price and wage staggering government spending multiplier |
| JEL: | | E21 E62 H31 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Economists Online Publikationen von Forscherinnen und Forschern des IfW Kieler Arbeitspapiere, IfW
|
| Files in This Item:
| |
|
| No. of Downloads:
| |
| last Month |
last 3 Month |
total |
|
|
|
|
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/45877
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|