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The Short- and Long-Run Damages of Fiscal Austerity: Keynes beyond Schumpeter

Giovanni Dosi, Mauro Napoletano, Andrea Roventini and Tania Treibich

Chapter 8 in Contemporary Issues in Macroeconomics, 2016, pp 79-100 from Palgrave Macmillan

Abstract: Abstract In this work, we employ the Keynes+Schumpeter (K+S) agent-based model (Dosi et al., 2010, 2013, 2015) to compare short- and long-run effects of Keynesian fiscal policies vis-à-vis austerity rules.

Keywords: Business Cycle; Fiscal Policy; Public Debt; Liquid Asset; Loan Loss (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (28)

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Working Paper: The Short-and Long-Run Damages of Fiscal Austerity: Keynes beyond Schumpeter (2014) Downloads
Working Paper: The Short-and Long-Run Damages of Fiscal Austerity: Keynes beyond Schumpeter (2014) Downloads
Working Paper: The Short- and Long-Run Damages of Fiscal Austerity: Keynes beyond Schumpeter (2014) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-137-52958-9_9

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DOI: 10.1057/9781137529589_9

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