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The international effects of government spending composition /
This paper helps resolve a paradox in the literature, noticed by Alesina and Perotti (1995), which is that, although government employment is an important component of public spending, the debate on the effects of fiscal policy focuses almost exclusively on shocks to non-wage government consumption....
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Washington, D.C. :
International Monetary Fund, Fiscal Affairs Dept.,
2005.
|
| Colección: | IMF working paper ;
WP/05/4. |
| Temas: | |
| Acceso en línea: | Texto completo |
MARC
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| 100 | 1 | |a Ganelli, Giovanni, |e author. | |
| 245 | 1 | 4 | |a The international effects of government spending composition / |c prepared by Giovanni Ganelli. |
| 260 | |a Washington, D.C. : |b International Monetary Fund, Fiscal Affairs Dept., |c 2005. | ||
| 300 | |a 1 online resource (18 pages) : |b illustrations | ||
| 336 | |a text |b txt |2 rdacontent | ||
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| 490 | 1 | |a IMF working paper, |x 2227-8885 ; |v WP/05/4 | |
| 504 | |a Includes bibliographical references (page 18). | ||
| 520 | |a This paper helps resolve a paradox in the literature, noticed by Alesina and Perotti (1995), which is that, although government employment is an important component of public spending, the debate on the effects of fiscal policy focuses almost exclusively on shocks to non-wage government consumption. We incorporate the distinction between spending for government employment and spending for non-wage government consumption in a "new open economy macroeconomics" model. Our results show that a permanent reduction in public employment in one country reduces relative private consumption and appreciates the domestic exchange rate if it is matched by a reduction in taxes. When the reduction in public employment is used to finance increased non-wage government consumption, the macroeconomic effects results are ambiguous, and are affected by the initial level of the public wage bill | ||
| 506 | |3 Use copy |f Restrictions unspecified |2 star |5 MiAaHDL | ||
| 533 | |a Electronic reproduction. |b [Place of publication not identified] : |c HathiTrust Digital Library, |d 2010. |5 MiAaHDL | ||
| 538 | |a Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. |u http://purl.oclc.org/DLF/benchrepro0212 |5 MiAaHDL | ||
| 583 | 1 | |a digitized |c 2010 |h HathiTrust Digital Library |l committed to preserve |2 pda |5 MiAaHDL | |
| 588 | 0 | |a Print version record. | |
| 505 | 0 | |a Contents -- I. INTRODUCTION -- II. THE MODEL -- III. THE EFFECTS OF GOVERNMENT SPENDING COMPOSITION -- IV. CONCLUSIONS -- REFERENCES | |
| 546 | |a English. | ||
| 590 | |a ProQuest Ebook Central |b Ebook Central Academic Complete | ||
| 650 | 0 | |a Government spending policy |x Econometric models. | |
| 650 | 0 | |a Civil service |x Econometric models. | |
| 650 | 0 | |a Fiscal policy |x Econometric models. | |
| 650 | 0 | |a Civil service. | |
| 650 | 6 | |a Dépenses publiques |x Politique gouvernementale |x Modèles économétriques. | |
| 650 | 6 | |a Fonction publique. | |
| 650 | 6 | |a Politique fiscale |x Modèles économétriques. | |
| 650 | 7 | |a Civil service |2 fast | |
| 650 | 7 | |a Fiscal policy |x Econometric models |2 fast | |
| 650 | 7 | |a Government spending policy |x Econometric models |2 fast | |
| 710 | 2 | |a International Monetary Fund. |b Fiscal Affairs Department, |e issuing body. | |
| 776 | 0 | 8 | |i Print version: |a Ganelli, Giovanni. |t International effects of government spending composition. |d Washington, D.C. : International Monetary Fund, ©2005 |w (OCoLC)57563195 |
| 830 | 0 | |a IMF working paper ; |v WP/05/4. | |
| 856 | 4 | 0 | |u https://ebookcentral.uam.elogim.com/lib/uam-ebooks/detail.action?docID=3012537 |z Texto completo |
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