natural experiment to study the spending response to unconventional fiscal policy. We use survey and scanner data on …

controlled by keeping the deficit in check. For decades, these ideas shaped German fiscal policy. In 2009, with the introduction … developing reform ideas that depart from a positive goal for fiscal policy rather than from the deficiencies of the current rules … related questions are answered: what is the right objective for fiscal policy? What might an institutional framework look like …

controlled by keeping the deficit in check. For decades, these ideas shaped German fiscal policy. In 2009, with the introduction … developing reform ideas that depart from a positive goal for fiscal policy rather than from the deficiencies of the current rules … related questions are answered: what is the right objective for fiscal policy? What might an institutional framework look like …

, sovereign risk and government bond yields decline. An impatient fiscal policy maker responds to improved financing conditions by …

debt. In theoretical settings where fiscal policy "dominates" monetary policy, higher debt without offsetting changes in …

households. Using representative consumer surveys conducted during the pandemic in 2020, we examine the effects of this fiscal … policy instrument on households in two emerging economies, Vietnam and Thailand. Our paper contributes to the literature by …

households. Using representative consumer surveys conducted during the pandemic in 2020, we examine the effects of this fiscal … policy instrument on households in two emerging economies, Vietnam and Thailand. Our paper contributes to the literature by …

We provide evidence that expansionary fiscal policy lowers return differences between public debt and less liquid …

debt. In theoretical settings where fiscal policy “dominates” monetary policy, higher debt without offsetting changes in …

In this study, we explore how fiscal policy in euro area periphery countries responds to monetary policy surprises that …