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the effects of fiscal stimulus on employment in China from 2008 to 2010. My findings reveal a positive impact of fiscal … stimulus on employment during the recession. Every 10,000 CNY fiscal spending result in 0.22 to 0.34 jobs. Moreover, I find …Despite a large body of empirical work analyzing the causal effects of fiscal stimulus on employment in developed …
Persistent link: https://www.econbiz.de/10013306154
In 2009, Germany invested 15.4 Billion Euro in infrastructure to avert the looming recession. In this study, we …
Persistent link: https://www.econbiz.de/10010341046
Persistent link: https://www.econbiz.de/10011547283
In spite of the rapidly growing research on fiscal multipliers over the recent years, little evidence has been so far accumulated in developing and emerging economies. This paper investigates the nature and the size of fiscal multipliers in Central and Eastern European Countries (CEEC). Unlike...
Persistent link: https://www.econbiz.de/10012992087
In response to the record-breaking COVID19 recession, many governments have adopted unprecedented fiscal stimuli. While … spending, we document that the effects of government spending were stronger during the peak of the pandemic recession, but only …
Persistent link: https://www.econbiz.de/10012705410
McGrattan (2007, Econometrica) for the Great Recession and the associated stimulus program in Germany 2008-2009. We include …
Persistent link: https://www.econbiz.de/10012253072
We estimate the impact of fiscal stimulus measures enacted in response to COVID-19 on U.S. GDP, investment and exports. We apply a dynamic computable general equilibrium model adept at estimating total direct and indirect effects and their time-path. Initial stimulus bills, including the CARES...
Persistent link: https://www.econbiz.de/10014077357
Persistent link: https://www.econbiz.de/10012113783
In this study, we analyze the cyclicality of fiscal policies in China during the period 1978-2013. We find that the … cyclicality of local government spending in China significantly affects the cyclicality of total government spending. By employing …
Persistent link: https://www.econbiz.de/10013014645
In this study, we analyze the cyclicality of fiscal policies in China during the period 1978-2013. We find that the … cyclicality of local government spending in China significantly affects the cyclicality of total government spending. By employing …
Persistent link: https://www.econbiz.de/10013315528