Narrow search
Showing 1 - 10 of 3,321
Cover Image
Biases in fiscal multiplier estimates
Asatryan, Zareh; Havlik, Annika; Heinemann, Friedrich; … - 2019
The "true" size of fiscal multipliers is widely debated by economists and policy makers as large (small) multipliers provide arguments to expand (cut) public spending. Within a meta-analytical framework, we ask whether the large observed variance in multiplier estimates can be explained by the...
Persistent link: https://www.econbiz.de/10012029022
Cover Image
Fiscal transparency and procyclical fiscal policy
Andersen, Asger Lau; Nielsen, Lasse Holbøll Westh - 2010
politicians generates a procyclical bias in government spending. The introduction of fiscal transparency generates two new … redictions: 1) the procyclical bias in fiscal policy arises only in good times; and 2) a higher degree of fiscal transparency … reduces the bias in good times. We find solid empirical support for both predictions using data on both OECD countries and a …
Persistent link: https://www.econbiz.de/10003942080
Cover Image
Biases in Fiscal Multiplier Estimates
Asatryan, Zareh - 2019
The "true" size of fiscal multipliers is widely debated by economists and policy makers as large (small) multipliers provide arguments to expand (cut) public spending. Within a meta-analytical framework, we ask whether the large observed variance in multiplier estimates can be explained by the...
Persistent link: https://www.econbiz.de/10012866573
Cover Image
Why Do Studies Not Find Publication Bias in Fiscal Multiplier Estimates?
Ismayilov, Ilgar; Hlaváček, Michal - 2022
to the fiscal policy literature is in disentangling the existence of selection publication bias in the literature …
Persistent link: https://www.econbiz.de/10014077364
Cover Image
An empirical characterization of the dynamic effects of changes in government spending and taxes on output
Blanchard, Olivier; Perotti, Roberto - 1999
Persistent link: https://www.econbiz.de/10001400697
Cover Image
Government spending shocks and labor productivity
Linnemann, Ludger; Uhrin, Gábor B.; Wagner, Martin - 2016
Persistent link: https://www.econbiz.de/10011437696
Cover Image
Is there an output free lunch for fiscal inationary policies?
Andrade, Moises S.; Berriel, Tiago - 2016
Expansionary fiscal policies have been advocated to induce output expansions and inflation in deep recession or deationary episodes. We show that, in a fiscalist setup, an increase in deficits can trigger a stagation by negatively affecting financial intermediation of resources to investments....
Persistent link: https://www.econbiz.de/10011483604
Cover Image
Clearing up the fiscal multiplier morass
Leeper, Eric M.; Traum, Nora; Walker, Todd B. - 2015
Persistent link: https://www.econbiz.de/10011449823
Cover Image
Uncertainty and non-linear macroeconomic effects of fiscal policy in the US : a SEIVAR-based analysis
Belke, Ansgar; Goemans, Pascal - 2019
We investigate whether the macroeconomic effects of government spending shocks vary with the level of uncertainty. Using postwar US data and a Self-Exciting Interacted VAR (SEIVAR) model, we find that fiscal spending has positive output effects in tranquil times but is contractionary during...
Persistent link: https://www.econbiz.de/10012116248
Cover Image
Non-linear e¤ects of government spending shocks in the US : evidence from state-level data
Mumtaz, Haroon; Sunder-Plassmann, Laura - 2017
This paper uses state-level data to estimate the effect of federal defense spending shocks on state real activity. We find moderately strong evidence that for the average state the fiscal multiplier is larger during recessions. However, there is substantial heterogeneity across the...
Persistent link: https://www.econbiz.de/10011773635