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The Macroeconomic Implications of Current Fiscal Policy

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  • Nilss Olekalns

Abstract

Exchange rate changes and intertemporal consumption responses suggest that the short‐run impact of current fiscal policy on aggregate demand will be small. However, cuts to public expenditure may have undesirable long‐term consequences.

Suggested Citation

  • Nilss Olekalns, 1998. "The Macroeconomic Implications of Current Fiscal Policy," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 31(1), pages 66-72, March.
    • Handle: RePEc:bla:ausecr:v:31:y:1998:i:1:p:66-72
    DOI: 10.1111/1467-8462.00052
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    Cited by:

    1. Lei Lei Song & John Freebairn, 2004. "ow Big Was the Effect of Budget Consolidation on the Australian Economy in the 1990s?," Melbourne Institute Working Paper Series wp2004n30, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
    2. Amna Nazeer & Wu Jun & Khuram Shafi & Liu Yan Yan, 2015. "Fluctuation of Yuan/Dollar: Time Series Co Integration Analysis," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 5(1), pages 317-326, January.
    3. Bayari, Celal, 2001. "How Does Labour Work Now? A Quantitative Survey of Labour Practices in Japanese Multinationals Post 1996 Workplace Relations Act (Commonwealth)," MPRA Paper 103662, University Library of Munich, Germany, revised 01 Dec 2001.
    4. Nilss Olekalns, 2002. "The Teaching of First Year Economics in Australian Universities," Department of Economics - Working Papers Series 848, The University of Melbourne.

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