中国财政金融政策研究中心

:【财税论坛】2014年第九期(总第84期):Fiscal Multiplier in Open Economy

发布时间:2014-09-16

题目Fiscal Multiplier in Open Economy

时间:2014年9月17日 星期三   12:00 – 14:00

地点:明德主楼714

报告人钱宗鑫

摘要:We study the fiscal multiplier in a small open economy with heterogeneous agents. A Robin-Hood policy which transfers money from the financially unconstraint agents to the financially constraint agents has no welfare effect if it is anticipated. However, a Robin-Hood policy can improve the welfare of the home country if it comes as a surprise.  The welfare gain comes from "stealing" from the foreign countries. This means that fiscal policy can be beggar-thy-neighbor in open economy, which contrasts the standard result from the Mundell-Fleming Model.

报告人简介:钱宗鑫,中国人民大学财政金融学院讲师。蒂尔堡大学经济学博士、中国人民大学世界经济学博士。主要研究方向宏观与货币经济学、金融学,其文章发表在《经济研究》等刊物上。


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论坛主持人薛涧坡(jpxue@ruc.edu.cn

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