EconPapers    
Economics at your fingertips  
 

Government Purchases and Real Interest Rates with Endogenous Labour Supply

Theodore Palivos and Chong Yip

The Economic Record, 1996, vol. 72, issue 219, 332-40

Abstract: Within the one-sector optimal growth framework with public services and labour-leisure choice, the authors find that the edicts of temporary productive government spending on the real interest rate depend on the discrepancy between actual and optimal government sizes as well as on the length of the action lag. This paper thus sheds light on the controversy between the empirical findings and the theoretical predictions regarding the behavior of the real interest rate within the neoclassical framework. Copyright 1996 by The Economic Society of Australia.

Date: 1996
References: Add references at CitEc
Citations View citations in EconPapers (1) Track citations by RSS feed

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:ecorec:v:72:y:1996:i:219:p:332-40

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0013-0249

Access Statistics for this article

The Economic Record is currently edited by Paul Miller, Glenn Otto and Martin Richardson

More articles in The Economic Record from The Economic Society of Australia Contact information at EDIRC.
Series data maintained by Wiley-Blackwell Digital Licensing ().

 
Page updated 2017-10-19
Handle: RePEc:bla:ecorec:v:72:y:1996:i:219:p:332-40