1.

Record Nr.

UNISALENTO991003064359707536

Autore

Daganzo, Carlos F.

Titolo

Logistics systems analysis / Carlos Daganzo

Pubbl/distr/stampa

Berlin [etc] : Springer-Verlag, c 1999

ISBN

3540655336

Edizione

[3rd ed.]

Descrizione fisica

xvi, 286 p. : ill. ; 24 cm

Disciplina

658.5

Soggetti

Aziende - Gestione - Modelli Matematici

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

2.

Record Nr.

UNINA9910959818103321

Autore

Ganelli Giovanni

Titolo

The International Effects of Government Spending Composition / / Giovanni Ganelli

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2005

ISBN

9786613797469

9781462339754

1462339751

9781452781457

1452781451

9781282044326

128204432X

9781451905595

1451905599

Edizione

[1st ed.]

Descrizione fisica

1 online resource (19 p.)

Collana

IMF Working Papers

Soggetti

Government spending policy - Econometric models

Civil service - Econometric models

Fiscal policy - Econometric models

Aggregate Human Capital

Aggregate Labor Productivity

Consumption



Economic theory

Economics

Employment

Expenditure

Expenditures, Public

Government consumption

Income economics

Intergenerational Income Distribution

Labor

Labour

Macroeconomics

Macroeconomics: Consumption

National Government Expenditures and Related Policies: General

Private consumption

Public employment

Public finance & taxation

Public Finance

Saving

Unemployment

Wages

Wealth

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"January 2005."

At head of title: Fiscal Affairs Department.

Nota di bibliografia

Includes bibliographical references (p. 18).

Nota di contenuto

""Contents""; ""I. INTRODUCTION""; ""II. THE MODEL""; ""III. THE EFFECTS OF GOVERNMENT SPENDING COMPOSITION""; ""IV. CONCLUSIONS""; ""REFERENCES""

Sommario/riassunto

This paper helps resolve a paradox in the literature, noticed by Alesina and Perotti (1995), which is that, although government employment is an important component of public spending, the debate on the effects of fiscal policy focuses almost exclusively on shocks to non-wage government consumption. We incorporate the distinction between spending for government employment and spending for non-wage government consumption in a "new open economy macroeconomics" model. Our results show that a permanent reduction in public employment in one country reduces relative private consumption and appreciates the domestic exchange rate if it is matched by a reduction in taxes. When the reduction in public employment is used to finance increased non-wage government consumption, the macroeconomic effects results are ambiguous, and are affected by the initial level of the public wage bill.