The failure of stabilization policy: Balanced-budget fiscal...

Journal of Economic Dynamics and Control 2020 / 11 Vol. 120

The failure of stabilization policy: Balanced-budget fiscal rules in the presence of incompressible public expenditures

Abad, Nicolas, Lloyd-Braga, Teresa, Modesto, Leonor
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Volume:
120
Journal:
Journal of Economic Dynamics and Control
DOI:
10.1016/j.jedc.2020.103996
Date:
November, 2020
File:
PDF, 1.57 MB
2020
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