Government Spending Effects in Low-income Countries

Government Spending Effects in Low-income Countries
Despite the voluminous literature on fiscal policy, very few papers focus on low-income countries (LICs). This paper develops a new-Keynesian small open economy model to show, analytically and through simulations, that some of the prevalent features of LICs-different types of financing including aid, the marginal efficiency of public investment,... READ MORE...

Publication date: December 2015
ISBN 9781513578972
$18.00

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