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Do public investments increase employment in a recession? : evidence from Germany ; conference paper
Buchheim, Lukas; Watzinger, Martin - 2013
In 2009, Germany invested 15.4 Billion Euro in infrastructure to avert the looming recession. In this study, we evaluate whether the German stimulus program was successful in limiting the impact of the crisis on the job market. We exploit exogenous cross-sectional variation to identify the...
Persistent link: https://www.econbiz.de/10010341046
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The impact of fiscal policy on economic activity over the business cycle : evidence from a threshold VAR analysis
Baum, Anja; Koester, Gerrit - 2011
linear benchmark SVAR, the analysis finds that hiking spending yields a short-term fiscal multiplier of around 0.70, while … the fiscal multiplier resulting from an increase in taxes and social security contributions is -0.66. In addition, the …
Persistent link: https://www.econbiz.de/10008936115
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Some fiscal calculus
Uhlig, Harald - In: The American economic review 100 (2010) 2, pp. 30-34
Persistent link: https://www.econbiz.de/10008746426
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Fiscal stimulus and distortionary taxation
Drautzburg, Thorsten; Uhlig, Harald - 2011
Persistent link: https://www.econbiz.de/10009158798
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Can we rely upon fiscal policy estimates in countries with unreported production of 15 per Cent (or more) of GDP?
Basile, Raffaella; Chiarini, Bruno; Marzano, Elisabetta - 2011
effect on total GDP. In this setup the spending multiplier shows large long-run effects, considerably stronger than those …
Persistent link: https://www.econbiz.de/10009230776
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Essays in fiscal policy : doctoral dissertation
Grdović Gnip, Ana - 2014
Persistent link: https://www.econbiz.de/10010460878
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New Keynesian versus old keynesian government spending multipliers
Cogan, John F.; Cwik, Tobias; Taylor, John B.; Wieland, … - 2009
Persistent link: https://www.econbiz.de/10003822988
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New Keynesian versus old Keynesian government spending multipliers
Cogan, John F.; Cwik, Tobias; Taylor, John B.; Wieland, … - 2009
Persistent link: https://www.econbiz.de/10003828460
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New Keynesian versus old Keynesian government spending multipliers
Cogan, John F.; Cwik, Tobias; Taylor, John B.; Wieland, … - 2009
Persistent link: https://www.econbiz.de/10003830486
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New Keynesian versus old Keynesian government spending multipliers
Cogan, John F.; Cwik, Tobias; Taylor, John B.; Wieland, … - 2009
estimated stimulus is extremely small with GDP and employment effects only one-sixth as large. -- Fiscal Multiplier ; New …
Persistent link: https://www.econbiz.de/10003887419