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Reconciling VAR-based and narrative measures of the tax-multiplier
Favero, Carlo A.; Giavazzi, Francesco - 2010
Persistent link: https://www.econbiz.de/10003969501
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Measuring tax multipliers: the narrative method in fiscal VARs
Favero, Carlo A.; Giavazzi, Francesco - In: American economic journal : a journal of the American … 4 (2012) 2, pp. 69-94
Persistent link: https://www.econbiz.de/10009580638
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Country heterogeneity and the international evidence on the effects of fiscal policy
Favero, Carlo A.; Giavazzi, Francesco; Perego, Jacopo - 2011
Persistent link: https://www.econbiz.de/10011337378
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Country heterogeneity and the international evidence on the effects of fiscal policy
Favero, Carlo A.; Giavazzi, Francesco; Perego, Jacopo - 2011
Persistent link: https://www.econbiz.de/10009310170
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Country heterogeneity and the international evidence on the effects of fiscal policy
Favero, Carlo A.; Giavazzi, Francesco; Perego, Jacopo - 2011
Persistent link: https://www.econbiz.de/10009296445
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Country heterogeneity and the international evidence on the effects of fiscal policy
Favero, Carlo A.; Giavazzi, Francesco; Perego, Jacopo - In: IMF economic review 59 (2011) 4, pp. 652-682
Persistent link: https://www.econbiz.de/10009412366
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Country Heterogeneity and the International Evidence on the Effects of Fiscal Policy
Favero, Carlo - 2011
analysis is that the question "what is the fiscal policy multiplier" is an ill-posed one. There is no unconditional fiscal … policy multiplier. The effect of fiscal policy on output is different depending on the different debt dynamics, the different … and an average fiscal multiplier is of very little use to describe the effect of exogenous shifts in fiscal policy on …
Persistent link: https://www.econbiz.de/10012461385
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Country Heterogeneity and the International Evidence on the Effects of Fiscal Policy
Favero, Carlo A. - 2011
analysis is that the question "what is the fiscal policy multiplier" is an ill-posed one. There is no unconditional fiscal … policy multiplier. The effect of fiscal policy on output is different depending on the different debt dynamics, the different … and an average fiscal multiplier is of very little use to describe the effect of exogenous shifts in fiscal policy on …
Persistent link: https://www.econbiz.de/10013121730
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Fiscal policy after the financial crisis
Alesina, Alberto (ed.); Giavazzi, Francesco (contributor) - 2013
Persistent link: https://www.econbiz.de/10013480810
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Debt and the effects of fiscal policy
Favero, Carlo A. (contributor);  … - 2007
A fiscal shock due to a shift in taxes or in government spending will, at some point in time, constrain the future path of taxes and spending, since the government’s intertemporal budget constraint will eventually have to be met. This simple fact is surprisingly overlooked in analyses of the...
Persistent link: https://www.econbiz.de/10003715720