IS IT REAL - THE RELATIONSHIP BETWEEN VEAL DEFICITS AND REAL GROWTH - NEW EVIDENCE USING LONG-RUN DATA

被引:0
|
作者
DEHAAN, J
STURM, JE
机构
[1] Department of Economics, University of Groningen, 9700 AV Groningen
来源
APPLIED ECONOMICS LETTERS | 1995年 / 2卷 / 04期
关键词
D O I
10.1080/758529811
中图分类号
F [经济];
学科分类号
02 ;
摘要
Long-run data for the USA is used to examine whether the inflation adjustment of the government budget deficit as proposed by Eisner and Pieper makes a difference in assessing the impact of fiscal policy on economic growth. Using Vector Autoregressions (VAR) it is found that both the inflation adjusted and the unadjusted deficit exert a negative influence on real growth.
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页码:98 / 102
页数:5
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