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Price Discounts and Cheapflation During the Post-Pandemic Inflation Surge
Cavallo, Alberto; Kryvtsov, Oleksiy - National Bureau of Economic Research - 2024
inflation burden. We use micro price data for food products sold by 91 large multi-channel retailers in ten countries between …
Persistent link: https://www.econbiz.de/10014576655
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The Impact of Retaliatory Tariffs on Agricultural and Food Trade
Carter, Colin A. - 2020
This paper analyzes the short-run trade effects of retaliatory tariffs against agriculture and food exports from the … United States. The results indicate that these tariffs caused a substantial decline in U.S. agriculture and food exports and …
Persistent link: https://www.econbiz.de/10012481730
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Praying for Rain
Espín-Sánchez, José-Antonio; Gil-Guirado, Salvador; … - National Bureau of Economic Research - 2023
evidence from prayers for rain in Murcia, Spain that the church follows such an optimal policy and that its prayers therefore … for rain is more likely among ethnic groups dependent on intensive agriculture for subsistence and that ethnic groups …
Persistent link: https://www.econbiz.de/10014322798
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Can a Focus on Breakthrough Technologies Improve the Performance of International Environmental Agreements?
Hoel, Michael - 2009
In a recent paper, Barrett (2006) reaches the conclusion that in general the answer to the question in the title is no. We show in this paper that a focus on the R&D phase in the development of breakthrough technologies changes the picture. The stability of international treaties improves and...
Persistent link: https://www.econbiz.de/10012463606
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Policy Implications of Non-Linear Effects of Tax Changes on Output
Gunter, Samara R.; Riera-Crichton, Daniel; Végh, Carlos A. - National Bureau of Economic Research - 2021
-based arguments, the effect of tax changes on output is highly non-linear. The tax multiplier is essentially zero under relatively low …
Persistent link: https://www.econbiz.de/10012510525
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Fiscal Policy in the Age of COVID : Does it ‘Get in all of the Cracks?'
Gourinchas, Pierre-Olivier; Kalemli-Ozcan, Sebnem; … - National Bureau of Economic Research - 2021
) Globally, fiscal policy helped offset about 8% of the downturn in COVID, with a low 'traditional' fiscal multiplier. Yet it …
Persistent link: https://www.econbiz.de/10012629513
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State Dependent Government Spending Multipliers : Downward Nominal Wage Rigidity and Sources of Business Cycle Fluctuations
Jo, Yoon J.; Zubairy, Sarah - National Bureau of Economic Research - 2022
spending multiplier is large when DNWR binds, but the nature of recession matters due to the opposing response of inflation. In …
Persistent link: https://www.econbiz.de/10013210053
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Fiscal Multipliers in the COVID19 Recession
Auerbach, Alan J.; Gorodnichenko, Yuriy; McCrory, Peter B. - National Bureau of Economic Research - 2021
In response to the record-breaking COVID19 recession, many governments have adopted unprecedented fiscal stimuli. While countercyclical fiscal policy is effective in fighting conventional recessions, little is known about the effectiveness of fiscal policy in the current environment with...
Persistent link: https://www.econbiz.de/10012794559
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The Missing Intercept : A Demand Equivalence Approach
Wolf, Christian - National Bureau of Economic Research - 2021
) a fiscal multiplier of one and so a missing intercept close to zero. I also discuss the robustness of this aggregation …
Persistent link: https://www.econbiz.de/10012794586
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Local Fiscal Multipliers and Fiscal Spillovers in the United States
Auerbach, Alan J. - 2019
We estimate local fiscal multipliers and spillovers for the United States using a rich dataset based on U.S. Department of Defense contracts and a variety of outcome variables relating to income and employment. We find strong positive spillovers across locations and industries. Both backward...
Persistent link: https://www.econbiz.de/10012479413