Arbeitspapier
Business Cycles and Fiscal Policy in an Open Economy
Do business cycle fluctuations leave a role and a welfare case for an active stabilization policy by means of fiscal policy instruments? We address this issue in a two-sector open economy model with price-taking firms and imperfect competition in the labour market. Fiscal policies are shown to affect the equilibrium distribution of prices and hence output in the case of both supply (productivity) and demand (preferences) shocks.
- Sprache
-
Englisch
- Erschienen in
-
Series: Memorandum ; No. 12/1998
- Klassifikation
-
Wirtschaft
Business Fluctuations; Cycles
Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization; Treasury Policy
Open Economy Macroeconomics
- Thema
-
business cycles
fiscal policy
demand
supply
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Andersen, T. M.
Holden, S.
- Ereignis
-
Veröffentlichung
- (wer)
-
University of Oslo, Department of Economics
- (wo)
-
Oslo
- (wann)
-
1998
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:46 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Andersen, T. M.
- Holden, S.
- University of Oslo, Department of Economics
Entstanden
- 1998
Ähnliche Objekte (12)
Business cycles and fiscal policy: Norway 1973-93
What Drives Business Cycles in a Small Open Economy with a Fixed Exchange Rate?
Welfare effects of business cycles and monetary policies in a small open emerging economy
The distributional implications of business cycles and fiscal policy
Fiscal policies and business cycles in an enlarged euro area
Business cycles
Business Cycles in an Oil Economy: Lessons from Norway
Political Business Cycles in the Turkish Economy: 1977-2001
Government spending in a growing economy: Fiscal policy and growth cycles
Expected fiscal policy and interest rates in open economy
Stock price cycles and business cycles
Income business cycles
Business cycles and fiscal policy: Norway 1973-93
What Drives Business Cycles in a Small Open Economy with a Fixed Exchange Rate?
Welfare effects of business cycles and monetary policies in a small open emerging economy
The distributional implications of business cycles and fiscal policy
Fiscal policies and business cycles in an enlarged euro area
Business cycles
Business Cycles in an Oil Economy: Lessons from Norway
Political Business Cycles in the Turkish Economy: 1977-2001
Government spending in a growing economy: Fiscal policy and growth cycles
Expected fiscal policy and interest rates in open economy
Stock price cycles and business cycles
Income business cycles
Business cycles and fiscal policy: Norway 1973-93
What Drives Business Cycles in a Small Open Economy with a Fixed Exchange Rate?
Welfare effects of business cycles and monetary policies in a small open emerging economy
The distributional implications of business cycles and fiscal policy
Fiscal policies and business cycles in an enlarged euro area
Business cycles
Business Cycles in an Oil Economy: Lessons from Norway
Political Business Cycles in the Turkish Economy: 1977-2001
Government spending in a growing economy: Fiscal policy and growth cycles
Expected fiscal policy and interest rates in open economy
Stock price cycles and business cycles