Voodoo Multipliers Revisited : Public Policy for Recessions and Boomtimes

This paper makes the argument that certain public goods (those lacking special interest backing) are likely to be under-provided by governments. Moreover, some such goods are complementary with private goods (e.g. roads and automobiles), while other such goods are substitutes for private goods (e.g. mass transit and automobiles). A case is made for providing the latter class of goods during boom times, and providing the former as stimulus during recessions

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Year of publication:	2010
Authors:	Graves, Philip E.
Publisher:	[S.l.] : SSRN
Subject:	Multiplikator \| Multiplier \| Theorie \| Theory \| Konjunktur \| Business cycle

Extent:	1 Online-Ressource (5 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments August 16, 2009 erstellt
Other identifiers:	10.2139/ssrn.1455994 [DOI]
Classification:	A13 - Relation of Economics to Social Values ; E32 - Business Fluctuations; Cycles ; E61 - Policy Objectives; Policy Designs and Consistency; Policy Coordination ; E62 - Fiscal Policy; Public Expenditures, Investment, and Finance; Taxation ; G28 - Government Policy and Regulation ; H11 - Structure, Scope, and Performance of Government ; H41 - Public Goods ; H54 - Infrastructures; Other Public Investment and Capital Stock ; H60 - National Budget, Deficit, and Debt. General
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014204825