The Sector Financial Balances Model of Aggregate Demand and Austerity

This paper uses the sector financial balances model of aggregate demand to illustrate the effects of fiscal austerity policies on the economy. It further demonstrates that government deficits are not directly controllable by policy makers but are rather endogenous to the responses of the private sector to austerity policies

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Year of publication:	2011
Authors:	Fullwiler, Scott
Publisher:	[2011]: [S.l.] : SSRN
Subject:	Haushaltskonsolidierung \| Fiscal consolidation \| Großbritannien \| United Kingdom \| Gesamtwirtschaftliche Nachfrage \| Aggregate demand

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Extent:	1 Online-Ressource (6 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments June 9, 2011 erstellt
Other identifiers:	10.2139/ssrn.1860625 [DOI]
Classification:	E6 - Macroeconomic Policy Formation, Macroeconomic Aspects of Public Finance, Macroeconomic Policy, and General Outlook ; H3 - Fiscal Policies and Behavior of Economic Agents ; H6 - National Budget, Deficit, and Debt
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013124051