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Monetary policy in an integrated world economy : Symposium 1995

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Capital mobility and the effectiveness of fiscal policy in open economies

Pierdzioch, Christian (contributor) - 2003 - [Elektronische Ressource]

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Dynamic fiscal policies, unemployment, and economic growth

Josten, Stefan Dietrich - 2003 - [Elektronische Ressource]

This paper analyzes the growth and employment effects of dynamic fiscal policies in an overlapping generations model with endogenous growth and imperfect labour markets. With balanced-budget policies, the modelled closed economy grows at a constant rate which is the higher, the lower are the...