산출물갭, 인플레이션 및 무역수지에 대한 대규모 재정정책의 효과 = Large-Scale Fiscal Policy Effects on Output Gap, Inflation and Trade Balance

다국어 초록 (Multilingual Abstract)

This paper investigates the effects of large-scale fiscal policy on output gap, inflation and trade balance, using the annual data of OECD 28 countries from 1960 to 2008. In general, non-Keynesian argument is supported for large-scale fiscal contractions, but not for large-scale fiscal expansion. Also we found that as the government debt gets larger, large-scale fiscal policy has non-Keynesian effects, which is consistent with Sutherland (1997).

참고문헌 (Reference)

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