Verfügbarkeit: Private Sector Consumption Behavior and Non-Keynesian Effects of Fiscal Policy

Private Sector Consumption Behavior and Non-Keynesian Effects of Fiscal Policy:

This paper explores the hypothesis that the propensity to consume out of income is not constant but varies, perhaps in a nonlinear fashion, with fiscal variables. It examines whether there is any empirical evidence to support the hypothesis that households move from non-Ricardian to Ricardian behavi...

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1. Verfasser:	Bhattacharya, Rina (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Washington, D.C International Monetary Fund 1999
Schriftenreihe:	IMF Working Papers Working Paper No. 99/112
Online-Zugang:	UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext
Zusammenfassung:	This paper explores the hypothesis that the propensity to consume out of income is not constant but varies, perhaps in a nonlinear fashion, with fiscal variables. It examines whether there is any empirical evidence to support the hypothesis that households move from non-Ricardian to Ricardian behavior as government debt reaches high levels and as uncertainty about future taxes increases. The paper also examines the possibility of a relationship (along the lines of the Bertola-Drazen model) between the propensity to consume out of income and the government consumption-to-GDP ratio
Beschreibung:	1 Online-Ressource (28 p)
ISBN:	1451853580 9781451853582

Internformat

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spelling	Bhattacharya, Rina Verfasser aut Private Sector Consumption Behavior and Non-Keynesian Effects of Fiscal Policy Bhattacharya, Rina Washington, D.C International Monetary Fund 1999 1 Online-Ressource (28 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 99/112 This paper explores the hypothesis that the propensity to consume out of income is not constant but varies, perhaps in a nonlinear fashion, with fiscal variables. It examines whether there is any empirical evidence to support the hypothesis that households move from non-Ricardian to Ricardian behavior as government debt reaches high levels and as uncertainty about future taxes increases. The paper also examines the possibility of a relationship (along the lines of the Bertola-Drazen model) between the propensity to consume out of income and the government consumption-to-GDP ratio Online-Ausg http://elibrary.imf.org/view/IMF001/05428-9781451853582/05428-9781451853582/05428-9781451853582.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	Bhattacharya, Rina Private Sector Consumption Behavior and Non-Keynesian Effects of Fiscal Policy
title	Private Sector Consumption Behavior and Non-Keynesian Effects of Fiscal Policy
title_auth	Private Sector Consumption Behavior and Non-Keynesian Effects of Fiscal Policy
title_exact_search	Private Sector Consumption Behavior and Non-Keynesian Effects of Fiscal Policy
title_exact_search_txtP	Private Sector Consumption Behavior and Non-Keynesian Effects of Fiscal Policy
title_full	Private Sector Consumption Behavior and Non-Keynesian Effects of Fiscal Policy Bhattacharya, Rina
title_fullStr	Private Sector Consumption Behavior and Non-Keynesian Effects of Fiscal Policy Bhattacharya, Rina
title_full_unstemmed	Private Sector Consumption Behavior and Non-Keynesian Effects of Fiscal Policy Bhattacharya, Rina
title_short	Private Sector Consumption Behavior and Non-Keynesian Effects of Fiscal Policy
title_sort	private sector consumption behavior and non keynesian effects of fiscal policy
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