|
Archivo Abierto Institucional de la Universidad Carlos III de Madrid >
Investigación >
Departamentos >
Departamento de Economía >
DE - Artículos de Revistas >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10016/9057
|
| Title: | The Keynesian multiplier and the Pigou effect under substitution between private and public consumption |
| Author(s): | Corchón, Luis C. [lcorchon] |
| Publisher: | Economics Bulletin |
| Issued date: | Mar-2010 |
| Citation: | Economics Bulletin, 2010, 30, 1. p. 829-836 |
| URI: | http://hdl.handle.net/10016/9057 |
| ISSN: | 15452921 |
| Abstract: | In this paper we present a fixprice model in which private and public consumption show some degree of substitution. We offer formulae for the Keynesian multiplier which depend on this degree of substitution. We also show that there is a Pigou effect and that, sometimes, this effect is larger than the Keynesian multiplier. |
| Review: | PeerReviewed |
| Publisher version: | http://www.accessecon.com/Pubs/EB/2010/Volume30/EB-10-V30-I1-P77.pdf |
| Keywords: | Keynes
Multiplier
Unemployment
Pigou |
| Appears in Collections: | DE - Artículos de Revistas
|
Items in E-Archivo are protected by copyright, with all rights reserved, unless otherwise indicated.
|
