财政赤字的宏观经济效应:一个文献综述

On Macro-Economic Effect of Financial Deficit:A Literature Survey

财政赤字政策的宏观经济效应评价,在理论和经验研究方面都是一个十分重要的问题。梳理了财政赤字宏观经济效应的理论发展脉络,从财政赤字的可持续性、国民储蓄效应、名义利率效应、货币供给效应、通货膨胀效应、贸易收支效应、经济增长及挤进挤出效应、供给效应及其他等方面,对有关的实证研究文献进行综述并做出了简要的评价,为进一步的研究提供基础。

In both theory and experience, the macro-economic effect evaluation of financial deficit policy is a very important problem. This paper sorts out the theoretical development progress of the macro-economic effect of financial deficit, makes a literature survey on related empirical studies and brief comments from the aspects of sustainability of financial deficit, national saving effect, nominal interest rate effect, currency supply effect, inflation effect, trade income-expenditure effect, economic growth and crowding-in and crowding-out effect, supply effect, etc. , which provides basis for further research.