Consumption and fiscal policy: UK evidence from a cointegration approach on substitution between private and public spending on goods and services

被引:0
作者
Molana H. [1 ]
机构
[1] Dept of Economics, University of Dundee, DD1 4HN, Dundee
关键词
Marginal rate of substitution; crowding out; cointegration; error correction; E21; E62;
D O I
10.1007/BF01188170
中图分类号
学科分类号
摘要
[No abstract available]
引用
收藏
页码:63 / 81
页数:18
相关论文
共 36 条
[1]  
Ahmed S(1986)Temporary and permanent government spending in an open economy Journal of Monetary Economics 17 197-224
[2]  
Aschauer DA(1985)Fiscal policy and aggregate demand American Economic Review 75 117-27
[3]  
Aschauer DA(1993)Fiscal policy and aggregate demand: Reply American Economic Review 83 667-69
[4]  
Barro RJ(1974)Are government bonds net wealth? Journal of Political Economy 82 1095-117
[5]  
Barth JR(1986)Government debt, government spending and private sector behaviour: A comment American Economic Review 76 1158-67
[6]  
Iden G(1993)Fiscal policy in general equilibrium American Economic Review 83 315-34
[7]  
Russek FS(1986)The estimation of “surprise” models and the “surprise” consumption function Review of Economic Studies 53 497-516
[8]  
Baxter M(1993)What caused the last recession? Consumption and the recession of 1990–1991 American Economic Review 83 270-74
[9]  
King RG(1981)Temporary income taxes and consumer spending Journal of Political Economy 89 26-53
[10]  
Bean CR(1987)Co-integration and error correction: Representation, estimation, and testing Econometrica 55 251-276