MACRO REVIEW
Online ISSN : 1884-2496
Print ISSN : 0915-0560
ISSN-L : 0915-0560
Review article
Monopolistic Competition and Fiscal Policy Multipliers
Masanobu KIMURA
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Keywords: Multiplier, Monopolistic Competition, Fiscal Policy
JOURNAL FREE ACCESS

2014 Volume 26 Issue 1 Pages 11-25

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Abstract
This Paper presents a general equilibrium macroeconomic model based on monopolistic competition,introducing a government spending externality through the utility function.The model is shown to exhibit various Keynesian multiplier effects.
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© 2014 JAPAN MACRO-ENGINEERS SOCIETY
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