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) than weak. For instance, the long run multiplier can be as large as unity when fiscal position is strong, while it can be … cycle on the fiscal multiplier. Third, the state-dependent effects of the fiscal position on multipliers is attributable to …
Persistent link: https://www.econbiz.de/10011489390
The fiscal position can affect fiscal multipliers through two channels. Through the Ricardian channel, households reduce consumption in anticipation of future fiscal adjustments when fiscal stimulus is implemented from a weak fiscal position. Through the interest rate channel, fiscal stimulus...
Persistent link: https://www.econbiz.de/10011986401
The fiscal position can affect fiscal multipliers through two channels. Through the Ricardian channel, households reduce consumption in anticipation of future fiscal adjustments when fiscal stimulus is implemented from a weak fiscal position. Through the interest rate channel, fiscal stimulus...
Persistent link: https://www.econbiz.de/10012889833
) than weak. For instance, the long run multiplier can be as large as unity when fiscal position is strong, while it can be … cycle on the fiscal multiplier. Third, the state-dependent effects of the fiscal position on multipliers is attributable to …
Persistent link: https://www.econbiz.de/10012988916
Persistent link: https://www.econbiz.de/10012223782
The fiscal position can affect fiscal multipliers through two channels. Through the Ricardian channel, households reduce consumption in anticipation of future fiscal adjustments when fiscal stimulus is implemented from a weak fiscal position. Through the interest rate channel, fiscal stimulus...
Persistent link: https://www.econbiz.de/10012008266
Persistent link: https://www.econbiz.de/10011521684
Persistent link: https://www.econbiz.de/10011559757
The fiscal position can affect fiscal multipliers through two channels. Through the Ricardian channel, households reduce consumption in anticipation of future fiscal adjustments when fiscal stimulus is implemented from a weak fiscal position. Through the interest rate channel, fiscal stimulus...
Persistent link: https://www.econbiz.de/10012889900
) than weak. For instance, the long-run multiplier can be as large as unity when the fiscal position is strong, while it can … business cycle on the fiscal multiplier. Third, the state-dependent effects of the fiscal position on multipliers is …
Persistent link: https://www.econbiz.de/10012968730