Publicação
Entry and fiscal policy effectiveness in a small open economy within a Monetary Union
| Resumo: | In this article I develop an imperfectly competitive dynamic general equilibrium model for a small open economy integrated in a monetary union. Here, the type of entry in the non-traded goods’ sector affects fiscal policy effectiveness. Fiscal policy effectiveness is enlarged when aggregate demand stimuli increase intra-industrial competition (case I). This is due to the counter-cyclical mark-up mechanism generated by entry. Such a mechanism is absent in the usual monopolistic competition where entry only has a sharing effect (case II). |
|---|---|
| Autores principais: | Costa, Luís F. |
| Assunto: | Small Economy Entry Fiscal Policy Endogenous Mark-Ups |
| Ano: | 2006 |
| País: | Portugal |
| Tipo de documento: | artigo |
| Tipo de acesso: | acesso restrito |
| Instituição associada: | Universidade de Lisboa |
| Idioma: | inglês |
| Origem: | Repositório da Universidade de Lisboa |
| _version_ | 1865920792958599168 |
|---|---|
| author | Costa, Luís F. |
| author_facet | Costa, Luís F. Costa, Luís F. |
| author_role | author |
| contributor_name_str_mv | Repositório Científico de Acesso Aberto da ULisboa |
| country_str | PT |
| creators_json_str | [{\"Person.name\":\"Costa, Luís F.\"}] |
| datacite.contributors.contributor.contributorName.fl_str_mv | Repositório Científico de Acesso Aberto da ULisboa |
| datacite.creators.creator.creatorName.fl_str_mv | Costa, Luís F. |
| datacite.date.Accepted.fl_str_mv | 2006-05-01T00:00:00Z |
| datacite.date.available.fl_str_mv | 2018-05-30T12:28:44Z |
| datacite.date.embargoed.fl_str_mv | 2018-05-30T12:28:44Z |
| datacite.rights.fl_str_mv | http://purl.org/coar/access_right/c_16ec |
| datacite.subjects.subject.fl_str_mv | Small Economy Entry Fiscal Policy Endogenous Mark-Ups |
| datacite.titles.title.fl_str_mv | Entry and fiscal policy effectiveness in a small open economy within a Monetary Union |
| dc.contributor.none.fl_str_mv | Repositório Científico de Acesso Aberto da ULisboa |
| dc.creator.none.fl_str_mv | Costa, Luís F. |
| dc.date.Accepted.fl_str_mv | 2006-05-01T00:00:00Z |
| dc.date.available.fl_str_mv | 2018-05-30T12:28:44Z |
| dc.date.embargoed.fl_str_mv | 2018-05-30T12:28:44Z |
| dc.format.none.fl_str_mv | application/pdf |
| dc.identifier.none.fl_str_mv | http://hdl.handle.net/10400.5/15524 |
| dc.language.none.fl_str_mv | eng |
| dc.publisher.none.fl_str_mv | Springer Verlag |
| dc.rights.none.fl_str_mv | http://purl.org/coar/access_right/c_16ec |
| dc.subject.none.fl_str_mv | Small Economy Entry Fiscal Policy Endogenous Mark-Ups |
| dc.title.fl_str_mv | Entry and fiscal policy effectiveness in a small open economy within a Monetary Union |
| dc.type.none.fl_str_mv | http://purl.org/coar/resource_type/c_6501 |
| description | In this article I develop an imperfectly competitive dynamic general equilibrium model for a small open economy integrated in a monetary union. Here, the type of entry in the non-traded goods’ sector affects fiscal policy effectiveness. Fiscal policy effectiveness is enlarged when aggregate demand stimuli increase intra-industrial competition (case I). This is due to the counter-cyclical mark-up mechanism generated by entry. Such a mechanism is absent in the usual monopolistic competition where entry only has a sharing effect (case II). |
| dirty | 0 |
| eu_rights_str_mv | restrictedAccess |
| format | article |
| fulltext.url.fl_str_mv | https://repositorio.ulisboa.pt/bitstreams/053b8f90-b0c2-43ca-b3eb-5b7abc18fb13/download |
| id | ul_4f28266edb2a07d9c19d1f189d0b9675 |
| identifier.url.fl_str_mv | http://hdl.handle.net/10400.5/15524 |
| instacron_str | ul |
| institution | Universidade de Lisboa |
| instname_str | Universidade de Lisboa |
| language | eng |
| network_acronym_str | ul |
| network_name_str | Repositório da Universidade de Lisboa |
| oai_identifier_str | oai:repositorio.ulisboa.pt:10400.5/15524 |
| organization_str_mv | urn:organizationAcronym:ul |
| person_str_mv | Costa, Luís F. |
| publishDate | 2006 |
| publisher.none.fl_str_mv | Springer Verlag |
| reponame_str | Repositório da Universidade de Lisboa |
| repository_id_str | urn:repositoryAcronym:ul |
| service_str_mv | urn:repositoryAcronym:ul |
| spelling | engSpringer Verlagpt_PTIn this article I develop an imperfectly competitive dynamic general equilibrium model for a small open economy integrated in a monetary union. Here, the type of entry in the non-traded goods’ sector affects fiscal policy effectiveness. Fiscal policy effectiveness is enlarged when aggregate demand stimuli increase intra-industrial competition (case I). This is due to the counter-cyclical mark-up mechanism generated by entry. Such a mechanism is absent in the usual monopolistic competition where entry only has a sharing effect (case II).application/pdfpt_PTEntry and fiscal policy effectiveness in a small open economy within a Monetary UnionCosta, Luís F.HostingInstitutionOrganizationalRepositório Científico de Acesso Aberto da ULisboae-mailmailto:repositorio@reitoria.ulisboa.ptrepositorio@reitoria.ulisboa.ptISSNIsPartOf1617-982X (print)ISSNIsPartOf1617-9838 (online)DOIIsPartOf10.1007/s10258-006-0003-82018-05-30T12:28:44Z2006-052006-05-01T00:00:00ZHandlehttp://hdl.handle.net/10400.5/15524http://purl.org/coar/access_right/c_16ecrestricted accessSmall EconomyEntryFiscal PolicyEndogenous Mark-Ups256568 bytesliteraturehttp://purl.org/coar/resource_type/c_6501journal articlehttp://purl.org/coar/access_right/c_16ecapplication/pdffulltexthttps://repositorio.ulisboa.pt/bitstreams/053b8f90-b0c2-43ca-b3eb-5b7abc18fb13/downloadPortuguese Economic Journal514565Lisboa |
| spellingShingle | Entry and fiscal policy effectiveness in a small open economy within a Monetary Union Entry and fiscal policy effectiveness in a small open economy within a Monetary Union Costa, Luís F. Small Economy Entry Fiscal Policy Endogenous Mark-Ups Costa, Luís F. Small Economy Entry Fiscal Policy Endogenous Mark-Ups |
| status | SINGLETON |
| subject.fl_str_mv | Small Economy Entry Fiscal Policy Endogenous Mark-Ups |
| title | Entry and fiscal policy effectiveness in a small open economy within a Monetary Union |
| title_full | Entry and fiscal policy effectiveness in a small open economy within a Monetary Union |
| title_fullStr | Entry and fiscal policy effectiveness in a small open economy within a Monetary Union Entry and fiscal policy effectiveness in a small open economy within a Monetary Union |
| title_full_unstemmed | Entry and fiscal policy effectiveness in a small open economy within a Monetary Union Entry and fiscal policy effectiveness in a small open economy within a Monetary Union |
| title_short | Entry and fiscal policy effectiveness in a small open economy within a Monetary Union |
| title_sort | Entry and fiscal policy effectiveness in a small open economy within a Monetary Union |
| topic | Small Economy Entry Fiscal Policy Endogenous Mark-Ups |
| topic_facet | Small Economy Entry Fiscal Policy Endogenous Mark-Ups |
| url | http://hdl.handle.net/10400.5/15524 |
| visible | 1 |