Preferences, government investment, and disbursement sudden stops
Motivated by a recent fiscal episode in the Philippines, during which a major policy initiative was launched to counter poor fiscal spending performance, this note explores the properties of a neoclassical model when a structure that introduces shocks to authorized spending alongside unanticipated g...
Published in: | The Philippine Review of Business and Economics Vol. LIII, No. 1 (June 2016), p. 1-18. |
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Main Author: | |
Format: | Analytics |
Language: | English |
Published: |
2016.
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Subjects: | |
Online Access: | https://forms.gle/KZjBv7aRtY6jiL5E9 |