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Macroeconomic Effects of Fiscal Policy
(1985-01)
This paper presents a small choice-theoretic intertemporal general equilibrium model. While the model employed is simple, it still allows for government services to yield consumption benefits for individuals and production ...
Fiscal Policy and Aggregate Demand
(1984-09)
This paper is an investigation of the effects of fiscal policy on private consumption and aggregate demand within an explicit intertemporal optimization framework. Empirical evidence is brought to bear on the following ...