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Can fiscal spending be contractionary when interest rates have supply-side effects?

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  • Myatt, Anthony
  • Scarth, William M.
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    File URL: http://www.sciencedirect.com/science/article/B6X4M-48TK5KY-15/2/f3ca401433c67d26db33138cf73c7a8e
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    Bibliographic Info

    Article provided by Elsevier in its journal Journal of Macroeconomics.

    Volume (Year): 17 (1995)
    Issue (Month): 2 ()
    Pages: 289-301

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    Handle: RePEc:eee:jmacro:v:17:y:1995:i:2:p:289-301

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    Web page: http://www.elsevier.com/locate/inca/622617

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    1. Francesco Giavazzi & Marco Pagano, 1990. "Can Severe Fiscal Contractions Be Expansionary? Tales of Two Small European Countries," NBER Chapters, in: NBER Macroeconomics Annual 1990, Volume 5, pages 75-122 National Bureau of Economic Research, Inc.
    2. Driskill, Robert A & Sheffrin, Steven M, 1985. "The "Patman Effect" and Stabilization Policy," The Quarterly Journal of Economics, MIT Press, vol. 100(1), pages 149-63, February.
    3. Heijdra, Ben J & Scarth, William M, 1990. "Investment Spending in Australia: Further Study and Interpretation," The Economic Record, The Economic Society of Australia, vol. 66(195), pages 295-307, December.
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    Cited by:
    1. Tamborini, Roberto, 2008. "The "Credit-Cost Channel" of Monetary Policy. A Theoretical Assessment," Economics Discussion Papers 2008-33, Kiel Institute for the World Economy.
    2. Myatt, Anthony & Scarth, William M., 2003. "Is policy perversity consistent with Keynesian business cycles?," Journal of Macroeconomics, Elsevier, vol. 25(3), pages 351-365, September.
    3. Ali, Syed Zahid & Anwar, Sajid, 2013. "Inflation and interest rates in the presence of a cost channel, wealth effect and agent heterogeneity," Economic Modelling, Elsevier, vol. 31(C), pages 286-296.

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