Creel, Jérôme (contributor); … - 2008
on output. From a short run perspective, it also
means that this policy has an impact on long-run economic growth, hence … fiscal policy when slack resources exist could lead to a prolonged period of
wasted economic potential” (Fazzari, 1994-95, p … high potential growth; furthermore, it
contemplates a number of circumstances (e.g. a strong engagement in costly …