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Home / Questions / Permanent Fiscal Expansion in PracticeChapter 17â??s discussion of â??Inflation Bias and O...

Permanent Fiscal Expansion in PracticeChapter 17â??s discussion of â??Inflation Bias and Other Probl

Permanent Fiscal Expansion in PracticeChapter 17’s discussion of “Inflation Bias and Other Problems of Policy Formulation” suggests that there may not really be any such thing as a permanent fiscal expansion. What do you think?How would these considerations affect the exchange rate and output effects of fiscal policy?

 

Apr 25 2020 View more View Less

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