Narrow search
Showing 1 - 10 of 915
Cover Image
Fiscal multipliers and time preference
Marcheggiano, Gilberto; Miles, David - 2013
expenditure multiplier. This study uses recent cross-country data on reported rates of time preferences gathered by Wang, Rieger … expenditure multiplier. Our findings may help to explain some of the differences in view over the optimal path for fiscal …
Persistent link: https://www.econbiz.de/10009692601
Cover Image
The fiscal footprint of macroprudential policy
Reis, Ricardo - 2020
characterizes the size and sign of its fiscal footprint, as well as the states of the world in which the temptation for fiscal goals …
Persistent link: https://www.econbiz.de/10012222608
Cover Image
Fiscal sustainability duringthe COVID-19 pandemic
Hürtgen, Patrick - 2020
The "Great Lockdown" implemented in response to the COVID-19 pandemic has led to a severe world-wide economic crisis …
Persistent link: https://www.econbiz.de/10012250617
Cover Image
Fiscal multipliers of central, state and local government and of the social security funds in Germany : evidence of a SVAR
Hollmayr, Josef; Kuckuck, Jan - 2018
By applying a Structural Vector Autoregressive (SVAR) approach this paper estimates the effects of fiscal policy shocks of different government sub-sectors on aggregate GDP in Germany. From a general government perspective, the results show that besides investment, it is particularly changes in...
Persistent link: https://www.econbiz.de/10011897960
Cover Image
Fiscal multipliers over the business cycle
Michaillat, Pascal - 2012
Persistent link: https://www.econbiz.de/10009426268
Cover Image
New Keynesian versus old Keynesian government spending multipliers : a comment
Hughes Hallett, Andrew; Rannenberg, Ansgar; Schreiber, Sven - 2014
multiplier far below one. However, the stimulus ́multiplier strongly depends on the assumed monetary policy response. Based on …
Persistent link: https://www.econbiz.de/10010258714
Cover Image
Expectations formation, sticky prices, and the ZLB
Bersson, Betsy; Hürtgen, Patrick; Paustian, Matthias - 2019
At the zero lower bound (ZLB), expectations about the future path of monetary or fiscal policy are crucial. We model expectations formation under level-k thinking, a form of bounded rationality introduced by García-Schmidt and Woodford (2019) and Farhi and Werning (2017), consistent with...
Persistent link: https://www.econbiz.de/10012101259
Cover Image
Biases in fiscal multiplier estimates
Asatryan, Zareh; Havlik, Annika; Heinemann, Friedrich; … - 2019
variance in multiplier estimates can be explained by the national imprint and various author incentives. For this purpose, we … matter for the degree and direction of multiplier estimates. These potential biases largely disappear for teams of …
Persistent link: https://www.econbiz.de/10012029022
Cover Image
Why do girls' and boys’ gender-(a)typical occupational aspirations differ across countries? : how cultural norms and institutional constraints shape young adolescents' occupational...
Leuze, Kathrin; Helbig, Marcel - 2015
Occupational sex segregation persists in all European and OECD countries; yet in some countries, it is more pronounced than in others. In this paper we seek to explain these cross-national variations by analyzing the realistic occupational aspirations of 15-yearold pupils in 29 EU and OECD...
Persistent link: https://www.econbiz.de/10011280756