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논문 기본 정보
- 자료유형
- 학술저널
- 저자정보
- 발행연도
- 2012.12
- 수록면
- 395 - 418 (24page)
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초록· 키워드
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This paper examines the expansionary fiscal policies taken in Korea during the recent Global Financial Crisis (GFC) and evaluates their effectiveness in the recovery process. In light of the historical trend of fiscal consolidation, the fiscal stimulus package during the GFC is unprecedented both in terms of timing and magnitude. The existing literature has split decisions on the efficacy of fiscal policies in Korea. In contrast, this paper, adopting three different empirical strategies, reports evidences, though limited, that the massive fiscal expansion during the GFC sustained the Korean economy after the currency depreciation has lost its influence on trade balance.
목차
1. INTRODUCTION
2. ASSESSMENT OF FISCAL POSITION:BEFORE AND AFTER THE GFC
3. EFFECTIVENESS OF FISCAL STIMULUS PACKAGES INCOMBATING AGAINST THE GFC
4. CONCLUDING REMARKS
REFERENCES
참고문헌 (28)
참고문헌 신청
1. [학술지(정기간행물)] - Blanchard, O. J. / 1989 / The Dynamic Effects of Aggregate Demand and Aggregate Supply Shocks / American Economic Review 79 (4) : 655 ~ 673
2. [학술지(정기간행물)] - Blanchard, O. J. / 2002 / An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output / Quarterly Journal of Economics 117 : 1329 ~ 1368
3. [보고서] - Cho, D. C. / 2011 / Korea’s Capacity to Cope with Crisis in a Globalized Environment
4. [학술지(정기간행물)] - Cogan, John F. / 2010 / New Keynesian versus Old Keynesian Government Spending Multipliers / Journal of Economic Dynamics and Control 34 (3) : 281 ~ 295
5. [학술지(정기간행물)] - Coenen, Gunter / 2012 / Effects of Fiscal Stimulus in Structural Models / American Economic Journal : Macroeconomics 4 (1) : 22 ~ 68
2. [학술지(정기간행물)] - Blanchard, O. J. / 2002 / An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output / Quarterly Journal of Economics 117 : 1329 ~ 1368
3. [보고서] - Cho, D. C. / 2011 / Korea’s Capacity to Cope with Crisis in a Globalized Environment
4. [학술지(정기간행물)] - Cogan, John F. / 2010 / New Keynesian versus Old Keynesian Government Spending Multipliers / Journal of Economic Dynamics and Control 34 (3) : 281 ~ 295
5. [학술지(정기간행물)] - Coenen, Gunter / 2012 / Effects of Fiscal Stimulus in Structural Models / American Economic Journal : Macroeconomics 4 (1) : 22 ~ 68
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UCI(KEPA) : I410-ECN-0101-2014-320-000471612