Preferences, government investment, and disbursement sudden stops

Preferences, government investment, and disbursement sudden stops

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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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Bibliographic Details
Published in:The Philippine Review of Business and Economics Vol. LIII, No. 1 (June 2016), p. 1-18.
Main Author: Dacuycuy, Lawrence B. (Author)
Format: Analytics
Language:English
Published: 2016.
Subjects:
Fiscal policy.
Public spending.
Online Access:https://forms.gle/KZjBv7aRtY6jiL5E9