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Regime-switching, stochastic volatility, fiscal policy shocks and macroeconomic fluctuations in Peru

Rodriguez, Gabriel; Santisteban, Joseph - 2024 - Primera edición

Persistent link: https://www.econbiz.de/10015156949

Cyclical Variation in the Government Spending Multipliers : A Markov-switching SVAR Approach

Lyu, Yifei - 2019

spending multipliers. We show that the multiplier values are statistically larger during recessions than during expansions …

Persistent link: https://www.econbiz.de/10012900667

Fiscal policy dynamics under a consolidation constraint : evidence from a sign-restricted SVAR with orthogonalized business cycle and monetary policy for Australia

Inchauspe, Julian - In: Applied economics 53 (2021) 34, pp. 3992-4016

Persistent link: https://www.econbiz.de/10012589552

How harmful are cuts in public employment and wage in times of high unemployment?

Betti, Thierry; Coudert, Thomas - In: Bulletin of economic research 74 (2022) 1, pp. 247-277

Persistent link: https://www.econbiz.de/10012819312

Financial fragility and the fiscal multiplier

Wijnbergen, Sweder van; Kwaak, Christiaan van der - 2014

cycle further lowe ring the fiscal multiplier. Longer maturity debt leads to larger capital losses and lower Keynesian … further after a deficit financed stimulus package, eventually implying a cumulative Keynesian multiplier close to zero or even …

Persistent link: https://www.econbiz.de/10010226967

German and the rest of euro area fiscal policy during the crisis

Gadatsch, Niklas; Hauzenberger, Klemens; Stähler, Nikolai - 2015

We present the estimated large-scale three-region DSGE model GEAR picturing Germany, the Euro Area and the Rest of the world. Compared to existing models of this type, GEAR incorporates a comprehensive fiscal block, involuntary unemployment and a complex international structure. We use the model...

Persistent link: https://www.econbiz.de/10010516561

Decomposing the fiscal multiplier

Cloyne, James S.; Jordà, Òscar; Taylor, Alan M. - 2020

Persistent link: https://www.econbiz.de/10012261460

State-dependent local projections: understanding impulse response heterogeneity

Cloyne, James S.; Jordà, Òscar; Taylor, Alan M. - 2023

Persistent link: https://www.econbiz.de/10014287867

Long-run effects of austerity

Martins, Guilherme Klein - 2022

its effects over time. The estimation is also adapted to eliminate the bias that emerges when multiple shocks might oc … robust to different fiscal shocks datasets, the exclusion of particular countries and shocks, alternative estimation methods …

Persistent link: https://www.econbiz.de/10014229776

State-dependent local projections : understanding impulse response heterogeneity

Cloyne, James S.; Jordà, Òscar; Taylor, Alan M. - 2023

Persistent link: https://www.econbiz.de/10013540547