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Please use this identifier to cite or link to this item: http://hdl.handle.net/10400.5/1862

Title: Fiscal policy under imperfect competition : a survey
Authors: Costa, Luís F.
Dixon, Hum
Keywords: Fiscal policy
Imperfect competition
Issue Date: 2009
Publisher: ISEG - Departamento de Economia.
Citation: Costa, Luís F.Hum Dixon. 2009. "Fiscal policy under imperfect competition : a survey". Instituto Superior de Economia e Gestão - DE working papers nº25-2009/DE/UECE.
Series/Report no.: DE Working papers; 25/2009/DE/UECE
Abstract: This paper surveys the link between imperfect competition and the effects of fiscal policy on output, employment and welfare. We examine static and dynamic models, with and without entry under a variety of assumptions using a common analytical framework. We find that in general there is a robust relationship between the fiscal multiplier and welfare, the tantalizing possibility of Pareto improving fiscal policy is much more elusive. In general, the mechanisms are supply side, and so welfare improving policy, whilst possible, is not a general result.
URI: http://hdl.handle.net/10400.5/1862
ISSN: 0874-4548
Appears in Collections:UECE - Documentos de Trabalho / UECE - Working Papers
DE - Documentos de trabalho / Working Papers

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