Cyclical effects of the composition of government purchases /
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Author / Creator: | Aziz, Jahangir. |
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Imprint: | [Washington, D.C.] : International Monetary Fund, Research and Fiscal Departments, ©1997. |
Description: | 1 online resource (38 pages) |
Language: | English |
Series: | IMF working paper, 2227-8885 ; WP/97/19 IMF working paper ; WP/97/19. |
Subject: | |
Format: | E-Resource Book |
URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12497352 |
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050 | 4 | |a HG3881.5.I58 |b W67 no.97/19 | |
100 | 1 | |a Aziz, Jahangir. | |
245 | 1 | 0 | |a Cyclical effects of the composition of government purchases / |c prepared by Jahangir Aziz and Luc Leruth. |
260 | |a [Washington, D.C.] : |b International Monetary Fund, Research and Fiscal Departments, |c ©1997. | ||
300 | |a 1 online resource (38 pages) | ||
336 | |a text |b txt |2 rdacontent | ||
337 | |a computer |b c |2 rdamedia | ||
338 | |a online resource |b cr |2 rdacarrier | ||
490 | 1 | |a IMF working paper, |x 2227-8885 ; |v WP/97/19 | |
504 | |a Includes bibliographical references (pages 37-38). | ||
506 | |3 Use copy |f Restrictions unspecified |2 star |5 MiAaHDL | ||
533 | |a Electronic reproduction. |b [Place of publication not identified] : |c HathiTrust Digital Library, |d 2010. |5 MiAaHDL | ||
538 | |a Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. |u http://purl.oclc.org/DLF/benchrepro0212 |5 MiAaHDL | ||
583 | 1 | |a digitized |c 2010 |h HathiTrust Digital Library |l committed to preserve |2 pda |5 MiAaHDL | |
588 | 0 | |a Print version record. | |
520 | 3 | |a This paper constructs a general equilibrium model with monopolistically competitive firms and endogenous markups where government spending consists of both consumption and investment goods. It is shown that when markups are countercyclical, increases in the share of investment goods in aggregate government expenditure entail a trade-off between greater long- run efficiency and higher short-run volatility. Estimates based on the model, calibrated to the postwar U.S. economy, show that the effects on output, employment, and welfare can be significant. | |
546 | |a English. | ||
650 | 0 | |a Government purchasing |x Econometric models. | |
650 | 0 | |a Government spending policy |x Econometric models. | |
650 | 0 | |a Business cycles |x Econometric models. | |
650 | 6 | |a Approvisionnement public |x Modèles économétriques. | |
650 | 6 | |a Dépenses publiques |x Politique gouvernementale |x Modèles économétriques. | |
650 | 6 | |a Cycles économiques |x Modèles économétriques. | |
650 | 7 | |a Business cycles |x Econometric models. |2 fast |0 (OCoLC)fst00842461 | |
650 | 7 | |a Government purchasing |x Econometric models. |2 fast |0 (OCoLC)fst00945551 | |
650 | 7 | |a Government spending policy |x Econometric models. |2 fast |0 (OCoLC)fst00945620 | |
655 | 4 | |a Electronic books. | |
700 | 1 | |a Leruth, Luc. | |
710 | 2 | |a International Monetary Fund. |b Research Department. | |
710 | 2 | |a International Monetary Fund. |b Fiscal Affairs Department. | |
776 | 0 | 8 | |i Print version: |a Aziz, Jahangir. |t Cyclical effects of the composition of government purchases. |d [Washington, D.C.] : International Monetary Fund, Research and Fiscal Departments, ©1997 |w (OCoLC)36499153 |
830 | 0 | |a IMF working paper ; |v WP/97/19. | |
856 | 4 | 0 | |u http://elibrary.imf.org/view/journals/001/1997/019/001.1997.issue-019-en.xml |y INTERNATIONAL MONETARY FUND |
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