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The effectiveness of fiscal policy in Australia - selected issues

Author

Listed:
  • Blair Comley

    (Treasury, Government of Australia)

  • Stephen Anthony

    (Treasury, Government of Australia)

  • Ben Ferguson

    (Treasury, Government of Australia)

Abstract

This article is devoted to examining the appropriate use of fiscal policy in the presence of private savings and interest rate offsets. The authors measure these effects in the Australian context and consider the implications of their empirical findings for the conduct of macroeconomic policy for a small open economy. This is an abridged version of a paper presented to the Bank of Italy Fiscal Policy Workshop in Perugia, Italy on 21 March 2002.

Suggested Citation

  • Blair Comley & Stephen Anthony & Ben Ferguson, 2002. "The effectiveness of fiscal policy in Australia - selected issues," Economic Roundup, The Treasury, Australian Government, issue 3, pages 45-72, August.
    • Handle: RePEc:tsy:journl:journl_tsy_er_2002_3_1
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    Download full text from publisher

    File URL: http://archive.treasury.gov.au/documents/382/PDF/3bank.pdf
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    Citations

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    Cited by:

    1. John Humphreys, 2012. "The Treasury's Non-modelling of the Stimulus," Agenda - A Journal of Policy Analysis and Reform, Australian National University, College of Business and Economics, School of Economics, vol. 19(2), pages 39-52.
    2. Gondor Mihaela, 2012. "Theoretical Considerations Regarding The Automatic Fiscal Stabilizers Operating Mechanism," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 713-719, July.
    3. Shane Brittle, 2010. "Ricardian Equivalence and the Efficacy of Fiscal Policy in Australia," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 43(3), pages 254-269, September.

    More about this item

    Keywords

    fiscal policy; macroeconomic policy;

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory

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