This paper empirically studies the effects of fiscal policy shocks on private consumption. Further, it tries to …, the estimation results seem to indicate that government consumption shocks have Keynesian effects for both industrial and … developing countries. In the case of tax shocks, the evidence suggest that they do not have any effects on private consumption …

(2000) to a small open economy with endogenous labor supply. We first show how the Dornbusch (1983) consumption-based real …

consumption via managing inflation expectations based on the Euler equation. Unconventional fiscal policy uses trivial … announcements of future consumer-price increases to boost inflation expectations and consumption expenditure on impact. Instead …