| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w3489 |
| 来源ID | Working Paper 3489 |
| Fiscal Policy, Capital Accumulation, and Debt in an Open Economy | |
| Stephen J. Turnovsky; Partha Sen | |
| 发表日期 | 1990-10-01 |
| 出版年 | 1990 |
| 语种 | 英语 |
| 摘要 | This paper analyzes the effects of changes in government expenditures on both a domestically produced and an imported good in an open economy based on intertemporal optimizing behavior. The dynamic adjustment is characterized in detail and the critical role played by the accumulating capital stock is highlighted. The evolution of the current account is seen to mirror that of capital. The welfare of such policies is also assessed in tans of the intertemporal utility of the representative agent. Both permanent and temporary policy changes are considered, with the latter being shown to have a permanent effect on the economy. |
| 主题 | International Economics |
| URL | https://www.nber.org/papers/w3489 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/560784 |
| 推荐引用方式 GB/T 7714 | Stephen J. Turnovsky,Partha Sen. Fiscal Policy, Capital Accumulation, and Debt in an Open Economy. 1990. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w3489.pdf（362KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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