Duguay, P.; Rabeau, Y. - Département de Sciences Économiques, Université de … - 1987
In This Paper We Present a Closed Version of a Macroeconomic Simulation Model. We Use This Model to Analyse the Effect of an Increase in the Government Deficit on the Short Run Behaviour of the Economy and on Its Steady State Level. As Long As Households Do Not Fully Discount Future Taxes, We...