摘要: 财政乘数规模测算及其理论机制阐释,是评价财政政策有效性的核心。梳理各学术流派关于财政乘数的争论可以发现,集中于财政刺激政策所具有的替代效应和负财富效应机制及其权衡关系,财政货币政策交互作用是理解财政乘数规模测算以及理论机制的重要视角。进而,财政货币政策设计,不仅应高度重视异质性政府支出,而且,应将货币政策反应以及复杂的经济结构考虑在内。
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