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...
| Udgivet i: | The Philippine Review of Business and Economics Vol. LIII, No. 1 (June 2016), p. 1-18. |
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| Format: | Analytics |
| Sprog: | English |
| Udgivet: |
2016.
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| Online adgang: | https://forms.gle/KZjBv7aRtY6jiL5E9 |