Dynamic effects of government expenditure in a finance constrained economy

被引：18

作者：

Gokan, Y ^{[1
]}

机构：

[1] Mie Univ, Fac Humanities & Social Sci, Tsu, Mie 5148507, Japan

来源：

JOURNAL OF ECONOMIC THEORY | 2006年 / 127卷 / 01期

关键词：

indeterminacy; local bifurcations; capital-labor substitution in production; dynamic effects of government expenditure;

D O I：

10.1016/j.jet.2004.12.003

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper introduces constant government expenditure in Woodford's finance constrained model (J. Econ. Theory, 1986) with capital-labor substitution as presented in Grandmont, Pintus and de Vilder (J. Econ. Theory, 1998) and investigates how government expenditure influences local dynamics near multiple steady states, depending upon the elasticity of substitution between capital and labor in production. (c) 2005 Elsevier Inc. All rights reserved.

引用

页码：323 / 333

页数：11

共 50 条

[21] Factors substitutability, heterogeneity and endogenous fluctuations in a finance constrained economy
Jean-Paul Barinci
[J]. Economic Theory, 2001, 17 : 181 - 195
[22] Factors substitutability, heterogeneity and endogenous fluctuations in a finance constrained economy
Barinci, JP
[J]. ECONOMIC THEORY, 2001, 17 (01) : 181 - 195
[23] Government expenditure and informality in an emerging economy: the recent experience of India
Chatterjee, Santanu
Turnovsky, Stephen J.
[J]. INDIAN ECONOMIC REVIEW, 2023, 58 (SUPPL 2) : 293 - 318
[24] Government expenditure policy and its impact mechanism on an aging economy
Gao, Bowen
Ni, Jihang
Zhao, Huimin
Shen, Xinru
[J]. Xitong Gongcheng Lilun yu Shijian/System Engineering Theory and Practice, 2021, 41 (05): : 1229 - 1239
[25] Government expenditure and informality in an emerging economy: the recent experience of India
Santanu Chatterjee
Stephen J. Turnovsky
[J]. Indian Economic Review, 2023, 58 : 293 - 318
[26] Tariff Revenue, Government Expenditure and Growth in a Small Open Economy
Takumi Naito
[J]. The Japanese Economic Review, 2000, 51 : 391 - 406
[27] Uncertainty or Level of Government Expenditure - What Is More Harmful for Economy?
Kotlan, Igor
Machova, Zuzana
Drobiszova, Agata
[J]. MATHEMATICAL METHODS IN ECONOMICS (MME 2014), 2014, : 477 - 482
[28] Tariff revenue, government expenditure and growth in a small open economy
Naito, T
[J]. JAPANESE ECONOMIC REVIEW, 2000, 51 (03) : 391 - 406
[29] Government expenditure in the two-country, open, growing economy
Tadashi Inoue
[J]. International Advances in Economic Research, 2001, 7 (3) : 366 - 366
[30] The Impact of Government Health Expenditure on Chinese Macro-economy
Yang, Liang
[J]. SOCIAL SCIENCE AND HEALTH, 2013, 20 : 31 - 35

← 1 2 3 4 5 →