Demand management: an illustrative example
Abstract: This paper presents a simple coherent general equilibrium example in which optimal provision of a public good implies counter-cyclical government expenditure.
File(s): File format is application/pdf http://minneapolisfed.org/research/common/pub_detail.cfm?pb_autonum_id=327
Provider: Federal Reserve Bank of Minneapolis
Part of Series: Staff Report
Publication Date: 1979