Endogenous Wealth-Depending Time Preference and Fiscal Policy in Open Economy

Meixing Dai ()

MPRA Paper from University Library of Munich, Germany

Abstract: In this paper, we study the effectiveness of fiscal policies in a framework of a small open economy where the behaviour of representative consumer is characterised by endogenous time preference which depends on wealth and consumption.

Keywords: Time preference; fiscal policy; open economy (search for similar items in EconPapers)
JEL-codes: F34 F41 H50 (search for similar items in EconPapers)
Date: 2003-09
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Published in Economics Bulletin 7.8(2007): pp. 1-7

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Journal Article: Endogenous Wealth-Depending Time Preference and Fiscal Policy in Open Economy (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:13865

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