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The aim of this paper is to evaluate the robustness of the theory that claims restrictive effects of expansionary fiscal policy. It shows that such so-called “non-Keynesian effects” may arise from synchronous and opposite monetary policy interventions. The paper demonstrates this conclusion...
Persistent link: https://www.econbiz.de/10005835899
constant, there will be an automatic convergence towards long-run equilibrium income. These beliefs represent the theoretical …
Persistent link: https://www.econbiz.de/10008614985
One of three adults in Mexico is obese, therefore, policies to reduce overweight and obesity prevalence in the country were designed. The use of fiscal policy was proposed as a way to discourage the consumption of soft drinks and raise funds to pay health services used by obese patients. The aim...
Persistent link: https://www.econbiz.de/10011170145
constant, there will be an automatic convergence towards long-run equilibrium income. These beliefs represent the theoretical …
Persistent link: https://www.econbiz.de/10008545971