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首页> 外文期刊>Theoretical Economics Letters >A Comprehensive Analysis of the Response of Private Consumption to Government Spending
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A Comprehensive Analysis of the Response of Private Consumption to Government Spending

机译:综合分析私人消费对政府支出的响应

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This paper considers a simple model in which government spending is productive and has a complementary relationship with private consumption to style="font-family:Verdana;">study the response of the latter to government spending. We discuss how style="font-family:Verdana;"> these style="font-family:Verdana;">two characteristics can yield empirical observations that indicate a positive style="font-family:Verdana;"> re style="font-family:Verdana;">sponse of private consumption to government spending. By assuming some style="font-family:Verdana;"> plausible parameter settings, we demonstrate that these dual aspects of government spending, which are normally treated separately in the literature, are inseparably linked. Our findings reveal that in addition to the presence of complementarity, productivity—even if minimal—increases the likelihood of generating a positive consumption response.
机译:本文考虑了一个简单的模型,其中政府支出富有成效,与私人消费与私人消费有互补的关系 研究后者对政府支出的回应。我们讨论 y style =“font-family:verdana;”>这些 dey =“font-family:verdana;”>两个特征可以产生指示阳性的经验观察Span> Re 私人消费对政府支出的欢迎。假设一些 <跨度样式=“字体家族:verdana;”>合理的参数设置,我们证明了政府支出的这些双方方面,通常在文献中分开治疗,是可密多联的。我们的调查结果表明,除了互补性的情况外,也是生产力 - 即使最小 - 增加产生阳性消耗响应的可能性。

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