Programas de reducción del déficit fiscal en los países en desarrollo: estabilización versus crecimiento en presencia de racionamiento crediticio

This paper presents a model for analyzing potential conflicts between short-run output and employment effects and medium-run growth effects of various fiscal actions. In the model, both firms and households are intertemporal optimizers; short-run wage stickiness and interest rate controls generate m...

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Bibliographic Details

Main Author:	Cuddington, John T.
Format:	Online
Language:	English
Editor:	El Colegio de México, A.C. 1992
Subjects:	déficit macroeconomía políticas fiscales deficit macroeconomy fiscal policies
Online Access:	https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/306
Journal:	Estudios Económicos