Assessing the Impact of a Change in the Composition of Public Spending : A DSGE Approach

A DSGE Approach

Assessing the Impact of a Change in the Composition of Public Spending : A DSGE Approach
Despite intense calls for safeguarding public investment in Europe, public investment expenditure, when measured in relation to GDP, has steadily fallen in the last three decades, evoking fears that economic activity may be correspondingly negatively affected. At the same time, however, public consumption in the EU-12 countries has trended up.... READ MORE...

Publication date: July 2007
ISBN 9781451867329
$18.00

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