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C/E/558. Use of policy mix model for contractionary fiscal policy and expansionary monetary policy
- WORDS:
- 550
- DATE:
- 2010
- PRICE:
- 9.99 GBP
The paper explains how a policy mix prevents recession in the face of a budget deficit that should be rectified. The study uses IS-LM model to describe the effects of a contractionary fiscal policy, expansionary monetary policy, and a policy mix for contractionary fiscal policy and expansionary monetary policy. The paper has no references.
KEYWORDS: Budget deficit, fiscal policy, IS-LM model, monetary policy, policy mix,
Other Papers On: Econometrics
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