The Impact of Demand Management Policies on the Local Economy under the Background of the Domestic Big Cycle
Abstract
model, this paper uses actual data of China's economy, through Bayesian estimation and dynamic simulation methods, and believes that
in this context, in order to stimulate the economy, the country has adopted a combination of expansionary fiscal policy and expansionary
monetary policy. While curing diseases, macroeconomic policies inevitably have some side effects on the local economy, such as increasing
the financial burden of local governments and increasing the uncertainty of the number of orders for export enterprises.
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DOI: http://dx.doi.org/10.18686/memf.v1i1.3441
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