Effectiveness of Fiscal Spending: Crowding out and/or crowding in?(Kamu Harcamalarının Etkinliği: Dışlama (crowding out) etkisi ve/veya crowding in etkisi?)
While the neoclassical school advocates that private investment is dampened by an increase in fiscal spending, an increase in the government spending stimulates private investment in the Keynesian model. The Ricardian Equivalence theorem argues that increases in deficit financed by fiscal spending l...
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| Format: | Article |
| Language: | deu |
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Celal Bayar University
2005-01-01
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| Series: | Yönetim ve Ekonomi |
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| Online Access: | http://www2.bayar.edu.tr/yonetimekonomi/dergi/pdf/C12S12005/YK.pdf |