DECISION BETWEEN PUBLIC INVESTMENT AND PUBLIC CONSUMPTION A POLICY ANALYSIS

http://dx.doi.org/10.31703/ger.2020(V-I).11      10.31703/ger.2020(V-I).11      Published : Mar 2020
Authored by : MuhammadRaashid , AbdulSaboor , AneelaAfzal

11 Pages : 131-152

References

  • Ahmad, S., Ahmed, W., Choudhri, E., Pasha, F., & Tahir, A. (2018). A Model for Forecasting and Policy Analysis in Pakistan: The Role of Government and external sectors. State Bank of Pakistan, Working Paper Series.
  • Ali , S., & Ahmad, N. (2010). The Effect of fiscal policy on economic growth: Empirical evidence based on time series data from Pakistan. The Pakistan Development Review, 497-512.
  • Baxter, M., & King, R. G. (1993). Fiscal Policy in General Equilibrium. American Economic Review, 83, 315-34.
  • Botman, D., Laxton, D., & Romanov, A. (2006). A New Open Economy Macroeconomic Model for Fiscal Policy Evaluation. International Monitory Fund, Working Paper 46.
  • Castro, F. (2003). Macroeconomic effects of fiscal policy in Spain. Banco de Espana, Working Paper, No. 0311.
  • Christiano, L. J., Eichenbaum, M., & Evan, C. L. (2005). Nominal rigidities and dynamics effects of a shock to monitory policy. Journal of Political economy, 113, 1-45.
  • Christiano, L. K., Eichenbaum, M., & Evans, C. L. (2005). Nominal Rigidities and the Dynamic Effects of a stock of monetary policy. Journal of Political Economy, 113, 1-45.
  • Corsetti, G., Kuester, K., & Müller, G. J. (2011). Floats, pegs and the transmission of fiscal policy. Federal Reserve Bank of Philadelphia, Working Paper, No. 11-9
  • Eric, S., & Wolff, J. (2018). The output and welfare effect of Government Spending shocks over the business cycle. International Economic Review. doi:0.1111/iere.12308
  • Foster, J. D. (2009). Keynesian Fiscal Stimulus Policies Stimulus. Retrieved from
  • Gabriel, V., Levine, P., Pearlman, J., & Yang, B. (2010). An Estimated DSGE Model of the Indian Economy. Oxford Handbook of the Indian Economy
  • Haider, A., Din, M., & Ghani, E. (2012). Monetary policy, informality and business cycle fluctuations in a developing economy vulnerable to external shocks. The Pakistan Development Review, 609-681.
  • Javid, A. Y., & Arif, U. (2009). Dynamic Effects of Changes in Government Spending in Pakistan's economy. The Pakistan Development Review, 48(4), 973-988.
  • Juillard, M. (1996). Dynare : a program for the resolution and simulation
  • Ramey. (2011). Identifying Government Spending shocks: It is all in the timing. The Quarterly Journal of Economics, 126(1), 1-50., 126(1), 1-50.
  • Ratto, M., Roeger, w., & t Veld, J. i. (2009). An estimated open economy DSGE model of the euro area with fiscal and monetary policy. Economic modelling, 222-233.
  • Rehman, M., Khan, S., & Hayat, Z. (2017). A Small Open Economy DSGE Model withWorkers' Remittance.s. Working Paper No. 84. State Bank of Pakistan Working paper series.
  • Sbordone, A. M., Tambalotti, A., Rao, K., & Wals, K. (2010). Policy Analysis Using DSGE Models: An Introduction. FRBNY Economic Policy Review, 23-43.
  • Shahid, M., Ahmad, M., & Rahman, A. u. (2018). Assessing the Neutrality and NonNeutrality of Fiscal Policy in Pakistan. The Journal of Humanities & Social Sciences, 26(1), 1-15.
  • Smets, F., & Wouters, R. (2007). Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach. American Economic Review, 97, 586-606.
  • Woodford, M. (2009). Convergence in macroeconomics: element of a new synthesis. Americal Economic Journal: Macroeconomics 1, 267-279.

Cite this article

    APA : Raashid, M., Saboor, A., & Afzal, A. (2020). Decision between Public Investment and Public Consumption: A Policy Analysis. Global Economics Review, V(I), 131-152. https://doi.org/10.31703/ger.2020(V-I).11
    CHICAGO : Raashid, Muhammad, Abdul Saboor, and Aneela Afzal. 2020. "Decision between Public Investment and Public Consumption: A Policy Analysis." Global Economics Review, V (I): 131-152 doi: 10.31703/ger.2020(V-I).11
    HARVARD : RAASHID, M., SABOOR, A. & AFZAL, A. 2020. Decision between Public Investment and Public Consumption: A Policy Analysis. Global Economics Review, V, 131-152.
    MHRA : Raashid, Muhammad, Abdul Saboor, and Aneela Afzal. 2020. "Decision between Public Investment and Public Consumption: A Policy Analysis." Global Economics Review, V: 131-152
    MLA : Raashid, Muhammad, Abdul Saboor, and Aneela Afzal. "Decision between Public Investment and Public Consumption: A Policy Analysis." Global Economics Review, V.I (2020): 131-152 Print.
    OXFORD : Raashid, Muhammad, Saboor, Abdul, and Afzal, Aneela (2020), "Decision between Public Investment and Public Consumption: A Policy Analysis", Global Economics Review, V (I), 131-152
    TURABIAN : Raashid, Muhammad, Abdul Saboor, and Aneela Afzal. "Decision between Public Investment and Public Consumption: A Policy Analysis." Global Economics Review V, no. I (2020): 131-152. https://doi.org/10.31703/ger.2020(V-I).11