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Hicks in HANK: Fiscal responses to an energy shock

Bayer, Christian; Kriwoluzky, Alexander; Müller, Gernot J. - 2023

alternative fiscal responses in a two-country HANK model that we calibrate to the euro area. Energy subsidies can stabilize the …/Slutsky compensation are less effective domestically as subsidies but do not harm economic activity abroad. In addition, transfers increase … welfare at Home while subsidies reduce welfare. …

Persistent link: https://www.econbiz.de/10014417637

Hicks in HANK : fiscal responses to an energy shock

Bayer, Christian; Kriwoluzky, Alexander; Müller, Gernot J. - 2023

Persistent link: https://www.econbiz.de/10014391466

Hicks in hank : fiscal responses to an energy shock

Bayer, Christian; Kriwoluzky, Alexander; Müller, Gernot J. - 2023

Persistent link: https://www.econbiz.de/10014635861

Understanding the dynamic effects of government spending on foreign trade

Müller, Gernot J. - In: Journal of international money and finance 27 (2008) 3, pp. 345-371

Persistent link: https://www.econbiz.de/10003717212

Government spending shocks in quarterly and annual US time-series

Born, Benjamin; Müller, Gernot J. - 2009

Government spending shocks are frequently identified in quarterly time-series data by ruling outa contemporaneous response of government spending to other macroeconomic aggregates. We provide evidence that this assumption may not be too restrictive for U.S. annual time-series data. -- Government...