Preferences, government investment, and disbursement sudden stops

Motivated by a recent fiscal episode in the Philippines, during which a major policy initiative was launched to counter poor fiscal spending performance, this note explores the properties of a neoclassical model when a structure that introduces shocks to authorized spending alongside unanticipated g...

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Detalles Bibliográficos
Publicado en:Philippine Review of Economics Vol. 53, no. 1 (Jun. 2016), 1-18
Autor Principal: Dacuycuy, Lawrence B.
Formato: Artigo
Idioma:English
Publicado: 2016
Subjects: