An avenue for expansionary fiscal contractions

Detalhes bibliográficos
Autor(a) principal: Afonso, António
Data de Publicação: 2007
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.5/25668
Resumo: Expansionary fiscal contractions were first illustrated by several fiscal episodes that occurred in Europe during the 1980s. This paper suggests a simple analytical textbook model that encompasses both Keynesian and non-Keynesian effects of fiscal policy. In such a context, the possibility of expansionary fiscal contractions is linked to the responsiveness of the risk premium of domestic interest rates to the budgetary position of the government and to the existence of credit-rationed consumers.
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spelling An avenue for expansionary fiscal contractionsFiscal PolicyExpansionary Fiscal ContractionsNon-Keynesian EffectsExpansionary fiscal contractions were first illustrated by several fiscal episodes that occurred in Europe during the 1980s. This paper suggests a simple analytical textbook model that encompasses both Keynesian and non-Keynesian effects of fiscal policy. In such a context, the possibility of expansionary fiscal contractions is linked to the responsiveness of the risk premium of domestic interest rates to the budgetary position of the government and to the existence of credit-rationed consumers.MAPRARepositório da Universidade de LisboaAfonso, António2022-10-06T10:08:34Z20072007-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/25668engAfonso, António. 2007. “An avenue for expansionary fiscal contractions”. MAPRA Paper No. 4593. Munich Personal RePEc Archive, 2007info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-11-20T19:28:22Zoai:repositorio.ul.pt:10400.5/25668Portal AgregadorONGhttps://www.rcaap.pt/oai/openairemluisa.alvim@gmail.comopendoar:71602024-11-20T19:28:22Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv An avenue for expansionary fiscal contractions
title An avenue for expansionary fiscal contractions
spellingShingle An avenue for expansionary fiscal contractions
Afonso, António
Fiscal Policy
Expansionary Fiscal Contractions
Non-Keynesian Effects
title_short An avenue for expansionary fiscal contractions
title_full An avenue for expansionary fiscal contractions
title_fullStr An avenue for expansionary fiscal contractions
title_full_unstemmed An avenue for expansionary fiscal contractions
title_sort An avenue for expansionary fiscal contractions
author Afonso, António
author_facet Afonso, António
author_role author
dc.contributor.none.fl_str_mv Repositório da Universidade de Lisboa
dc.contributor.author.fl_str_mv Afonso, António
dc.subject.por.fl_str_mv Fiscal Policy
Expansionary Fiscal Contractions
Non-Keynesian Effects
topic Fiscal Policy
Expansionary Fiscal Contractions
Non-Keynesian Effects
description Expansionary fiscal contractions were first illustrated by several fiscal episodes that occurred in Europe during the 1980s. This paper suggests a simple analytical textbook model that encompasses both Keynesian and non-Keynesian effects of fiscal policy. In such a context, the possibility of expansionary fiscal contractions is linked to the responsiveness of the risk premium of domestic interest rates to the budgetary position of the government and to the existence of credit-rationed consumers.
publishDate 2007
dc.date.none.fl_str_mv 2007
2007-01-01T00:00:00Z
2022-10-06T10:08:34Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.5/25668
url http://hdl.handle.net/10400.5/25668
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Afonso, António. 2007. “An avenue for expansionary fiscal contractions”. MAPRA Paper No. 4593. Munich Personal RePEc Archive, 2007
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv MAPRA
publisher.none.fl_str_mv MAPRA
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
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reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
repository.mail.fl_str_mv mluisa.alvim@gmail.com
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