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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Vydáno v:The Philippine Review of Business and Economics Vol. LIII, No. 1 (June 2016), p. 1-18.
Hlavní autor: Dacuycuy, Lawrence B. (Autor)
Médium: Analytics
Jazyk:English
Vydáno: 2016.
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