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La Relación Entre El Gasto Público Y Los Multiplicadores De La Política Fiscal Bajo Competencia Monopolística

Author

Listed:
  • Mª Angeles Caraballo Pou

    () (Universidad de Sevilla)

  • Carlos Usabiaga Ibáñez

    () (Universidad Pablo de Olavide)

Abstract

In this work we analyse the effects on fiscal policy effectiveness of different hypotheses on the perception of public expenditure by consumers in a double monopolistic competition framework. More precisely we study how the different specifications considered affect the values of fiscal policy multipliers –and especially the balanced budget multiplier-, the level of aggregate demand and the relation between the degree of monopoly power and fiscal policy effectiveness. In general we conclude that the different specifications studied affect considerably the results of this kind of models. Classification-JEL :

Suggested Citation

  • Mª Angeles Caraballo Pou & Carlos Usabiaga Ibáñez, 2001. "La Relación Entre El Gasto Público Y Los Multiplicadores De La Política Fiscal Bajo Competencia Monopolística," Hacienda Pública Española / Review of Public Economics, IEF, vol. 158(3), September.
  • Handle: RePEc:hpe:journl:y:2001:v:158:i:3:a:21
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