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次の文の英訳をお願いしますm(_ _)m

Blanchard’s argument is an example of what Bertola and Drazen (1993) characterize as the “expectation view of fiscal policy. ” That is, in an intertemporal model of consumption behavior, the effects of current fiscal policy depend on what expectations it generates on the course of future fiscal policy. In their words “a policy innovation that would be contractionary in a static model may be expansionary if it induces sufficiently strong expectations of future policy changes in the opposite direction. n


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一応英検1級の私ですが、間違いなどご容赦下さい Blanchardの議論はBertolaおよびDrazen(1993)が特徴づけるものの例です、として「財政政策の期待視界。 すなわち消費行動の相互一時的なモデルでは、現在の財政政策の影響は、将来の財政政策のコース上でそれがどの期待を生成するかに依存します。 「それが反対方向での将来の政策変更の十分に強い期待を引き起こす場合、静学モデルにおいて緊縮の政策革新は発展性かもしれないというそれらの約束で



ありがとうございます(>_<) とても助かりました(^-^)


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