Monetary versus Fiscal policy: which combination gives the highest growth performance?
This paper investigates a simultaneous impact of monetary and fiscal policies on economic growth in a single model. The data for 21 OECD countries covering the period 1970-2009 is gathered for our study of policy effect on economic growth. A quadratic specification method is employed by constructing...
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Format: | Others |
Language: | English |
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KTH, Samhällsekonomi
2011
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Online Access: | http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-77470 |