Fiscal policy in a small open economy with unemployment and capital accumulation

Frank Barry

No 198313, Working Papers from School of Economics, University College Dublin

Abstract: This paper presents a two-sector model of a small open economy with wage rigidities and capital accumulation. The short- and medium-run effects of government expenditure policies are analysed and the results are contrasted with those of previous models which either ignore investment or restrict it to the case of inter-sectoral reallocation of capital.

Keywords: Fiscal policy--Mathematical models; States, Small--Economic conditions--Mathematical models (search for similar items in EconPapers)
Date: 1983-09
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http://hdl.handle.net/10197/1938 First version, 1983 (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:ucn:wpaper:198313

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