State-dependent local projections : understanding impulse response heterogeneity

James S. Cloyne, Òscar Jordà and Alan M. Taylor

Year of publication:	13 February 2023
Authors:	Cloyne, James S. ; Jordà, Òscar ; Taylor, Alan M.
Publisher:	London : Centre for Economic Policy Research
Subject:	fiscal multiplier \| monetary offset \| Kitagawa-Blinder-Oaxaca decomposition \| local projections \| interest rates \| fiscal policy \| state-dependence \| balance \| identification \| Konjunktur \| Business cycle \| Finanzpolitik \| Fiscal policy \| Multiplikator \| Multiplier \| Schock \| Shock \| Schätzung \| Estimation \| Wirkungsanalyse \| Impact assessment \| Theorie \| Theory \| 1970-2020

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