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https://hdl.handle.net/10419/18675
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DC Field | Value | Language |
---|---|---|
dc.contributor.author | Schclarek, Alfredo | en |
dc.date.accessioned | 2009-01-28T15:52:05Z | - |
dc.date.available | 2009-01-28T15:52:05Z | - |
dc.date.issued | 2004 | - |
dc.identifier.uri | http://hdl.handle.net/10419/18675 | - |
dc.description.abstract | This paper empirically studies the effects of fiscal policy shocks on private consumption.Further, it tries to determine if the level of government bond yield and the unemployment rateaffect that relationship. We use yearly data between 1970 and 2000 for thirty-eight countries,of which half are industrialized and half are developing countries. In general, the estimationresults seem to indicate that government consumption shocks have Keynesian effects for bothindustrial and developing countries. In the case of tax shocks, the evidence suggest that theydo not have any effects on private consumption. Furthermore, there is no evidence that favorsthe hypothesis of expansionary fiscal consolidations. | en |
dc.language.iso | eng | en |
dc.publisher | |aCenter for Economic Studies and ifo Institute (CESifo) |cMunich | en |
dc.relation.ispartofseries | |aCESifo Working Paper |x1310 | en |
dc.subject.jel | E21 | en |
dc.subject.jel | C33 | en |
dc.subject.jel | E62 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | fiscal policy | en |
dc.subject.keyword | private consumption | en |
dc.subject.keyword | government expenditure | en |
dc.subject.keyword | taxation | en |
dc.subject.keyword | developing countries | en |
dc.subject.stw | Antizyklische Finanzpolitik | en |
dc.subject.stw | Öffentliche Ausgaben | en |
dc.subject.stw | Schock | en |
dc.subject.stw | Gesamtwirtschaftlicher Konsum | en |
dc.subject.stw | Schätzung | en |
dc.subject.stw | Welt | en |
dc.title | Consumption and Keynesian fiscal policy | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 477393810 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
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