GROWTH, LIQUIDITY CONSTRAINTS, CREDIBILITY AND THE EFFECTS OF SHOCKS UNDER A NON-CREDIBLE GOVERNMENT

DURMUŞ Özdemir

TR EN

GROWTH, LIQUIDITY CONSTRAINTS, CREDIBILITY AND THE EFFECTS OF SHOCKS UNDER A NON-CREDIBLE GOVERNMENT

Öz

This paper presents an overlapping generations model for a small open economy. The model is calibrated to fit data for Turkey. Simulations suggest that for a fairly open economy such as Turkey, credibility and liquidity constraints matter and the choice of income taxation rate, the mix of government spending and the long-run government debt/GDP ratio can all significantly affect the economic growth. The paper also examines the effectiveness of fiscal policy under different levels of liquidity constraint in an open economy within a dynamic framework. It shows that liquidity constraints can affect the outcome of any fiscal policy. Hence fiscal policy is even more important for the less developed economies of the world.

Anahtar Kelimeler

Ayrıntılar

Birincil Dil

İngilizce

Konular

-

Bölüm

Konferans Bildirisi

Yazarlar

DURMUŞ Özdemir Bu kişi benim

Yayımlanma Tarihi

25 Temmuz 2016

Gönderilme Tarihi

25 Temmuz 2016

Kabul Tarihi

-

Yayımlandığı Sayı

Yıl 2004 Cilt: 19 Sayı: 2

IZ

https://izlik.org/JA27EN86DA

Kaynak Göster

RIS / Bibtex

APA

Özdemir, D. (2016). GROWTH, LIQUIDITY CONSTRAINTS, CREDIBILITY AND THE EFFECTS OF SHOCKS UNDER A NON-CREDIBLE GOVERNMENT. Dokuz Eylül Üniversitesi İktisadi İdari Bilimler Fakültesi Dergisi, 19(2), 1-32. https://izlik.org/JA27EN86DA

AMA

1.Özdemir D. GROWTH, LIQUIDITY CONSTRAINTS, CREDIBILITY AND THE EFFECTS OF SHOCKS UNDER A NON-CREDIBLE GOVERNMENT. Dokuz Eylül Üniversitesi İktisadi İdari Bilimler Fakültesi Dergisi. 2016;19(2):1-32. https://izlik.org/JA27EN86DA

Chicago

Özdemir, DURMUŞ. 2016. “GROWTH, LIQUIDITY CONSTRAINTS, CREDIBILITY AND THE EFFECTS OF SHOCKS UNDER A NON-CREDIBLE GOVERNMENT”. Dokuz Eylül Üniversitesi İktisadi İdari Bilimler Fakültesi Dergisi 19 (2): 1-32. https://izlik.org/JA27EN86DA.

EndNote

Özdemir D (01 Temmuz 2016) GROWTH, LIQUIDITY CONSTRAINTS, CREDIBILITY AND THE EFFECTS OF SHOCKS UNDER A NON-CREDIBLE GOVERNMENT. Dokuz Eylül Üniversitesi İktisadi İdari Bilimler Fakültesi Dergisi 19 2 1–32.

IEEE

[1]D. Özdemir, “GROWTH, LIQUIDITY CONSTRAINTS, CREDIBILITY AND THE EFFECTS OF SHOCKS UNDER A NON-CREDIBLE GOVERNMENT”, Dokuz Eylül Üniversitesi İktisadi İdari Bilimler Fakültesi Dergisi, c. 19, sy 2, ss. 1–32, Tem. 2016, [çevrimiçi]. Erişim adresi: https://izlik.org/JA27EN86DA

ISNAD

Özdemir, DURMUŞ. “GROWTH, LIQUIDITY CONSTRAINTS, CREDIBILITY AND THE EFFECTS OF SHOCKS UNDER A NON-CREDIBLE GOVERNMENT”. Dokuz Eylül Üniversitesi İktisadi İdari Bilimler Fakültesi Dergisi 19/2 (01 Temmuz 2016): 1-32. https://izlik.org/JA27EN86DA.

JAMA

1.Özdemir D. GROWTH, LIQUIDITY CONSTRAINTS, CREDIBILITY AND THE EFFECTS OF SHOCKS UNDER A NON-CREDIBLE GOVERNMENT. Dokuz Eylül Üniversitesi İktisadi İdari Bilimler Fakültesi Dergisi. 2016;19:1–32.

MLA

Özdemir, DURMUŞ. “GROWTH, LIQUIDITY CONSTRAINTS, CREDIBILITY AND THE EFFECTS OF SHOCKS UNDER A NON-CREDIBLE GOVERNMENT”. Dokuz Eylül Üniversitesi İktisadi İdari Bilimler Fakültesi Dergisi, c. 19, sy 2, Temmuz 2016, ss. 1-32, https://izlik.org/JA27EN86DA.

Vancouver

1.DURMUŞ Özdemir. GROWTH, LIQUIDITY CONSTRAINTS, CREDIBILITY AND THE EFFECTS OF SHOCKS UNDER A NON-CREDIBLE GOVERNMENT. Dokuz Eylül Üniversitesi İktisadi İdari Bilimler Fakültesi Dergisi [Internet]. 01 Temmuz 2016;19(2):1-32. Erişim adresi: https://izlik.org/JA27EN86DA