On stabilisation policy: are there conflicting implications for growth and welfare?

The paper examines the choices for fiscal stabilisation policy that maximise aggregate welfare and long-run growth. This is done in the context of a stochastic dynamic general equilibrium model where premeditated learning provides the engine of human capital accumulation and growth, and technology s...

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Bibliographic Details

Main Author:	Dimitrios Varvarigos
Format:	Default Preprint
Published:	2006
Subjects:	Other economics not elsewhere classified Growth Business cycles Stabilisation policy Economics not elsewhere classified
Online Access:	https://hdl.handle.net/2134/2469
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