AGGREGATE expenditure is the total amount spent of the economy’s output by all households, firms, foreigners as well as the government. The components of aggregate expenditure consist of household ...

This is a preview. Log in through your library . Abstract This paper estimates aggregate short-run and long-run import demand functions for the Philippines using data for the period 1960-2006. Results ...

The paper revisits the empirical investment literature, which has established that aggregate business fixed investment is not found to be related linearly to marginal or average Tobin's q. The ...

In all economies, an efficient and sustainable reduction in the fiscal deficit requires a sound mix of revenue and expenditure policies. A government facing the need to reduce speedily the fiscal ...