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2019•Unpublished venueRequires access

The effectiveness of fiscal policy with high debt: an empirical analysis for a sample of countries

Luigi Maria Ferri

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Abstract

Fiscal policy. Fiscal policy in a closed economy. The budget deficit. The government budget constraint. Criticism of the alleged benefits of deficit spending. The budget deficit and interest rates. The empirical model.

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What this paper is about

Fiscal policy. Fiscal policy in a closed economy. The budget deficit. The government budget constraint. Criticism of the alleged benefits of deficit spending. The budget deficit and interest rates. The empirical model.

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Available abstract

Fiscal policy. Fiscal policy in a closed economy. The budget deficit. The government budget constraint. Criticism of the alleged benefits of deficit spending. The budget deficit and interest rates. The empirical model.

Key concepts: Deficit spending, Fiscal policy, Economics, Debt, Budget constraint, Sample (material), Macroeconomics, Criticism

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