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Introduction: current issues in fiscal policy

Oscar Alfranca and Miguel-Angel Galindo

International Journal of Public Policy, 2006, vol. 1, issue 3, 213-222

Abstract: This article discusses the relationship between fiscal and monetary policies, considering different cases: government budget constraint and the wealth effect, determining the corresponding multipliers. The value of these multipliers will denote the effectiveness of fiscal policy. The article also outlines problems that affect fiscal policy effectiveness and provides brief introduction to the articles included in the special issue.

Keywords: fiscal policy; monetary policy; budget constraints; government budgets; wealth effect; multipliers; policy effectiveness. (search for similar items in EconPapers)
Date: 2006
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