Technological change and performance of optimal economic policy: Some results for Austria

被引：0

作者：

Haber, G ^{[1
]}

机构：

[1] Univ Klagenfurt, Klagenfurt, Austria

来源：

SOCIAL STABILITY: THE CHALLENGE OF TECHNOLOGY DEVELOPMENT (SWIIS'01) | 2002年

关键词：

optimum control; economic policy; European Monetary Union; fiscal policy; technological change;

D O I：

暂无

中图分类号：

TP [自动化技术、计算机技术];

学科分类号：

0812 ;

摘要：

Inside the European Monetary Union (EMU), there are efforts to reduce public debt to fulfill the criteria imposed by the Stability and Growth Pact (SGP), which are mandatory for members of the Euro zone. Due to these constraints, public expenditure has been cut in several European countries. Thus, the question of the effects on technological change arises. In this paper, the economic implications for optimal budgetary stabilization under alternative rates of technological change are evaluated for Austria, in order to assess the importance of technological progress for stabilization policy. Copyright (C) 2001 IFAC.

引用

页码：109 / 114

页数：6

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