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Temporary and persistent fiscal policy shocks
Sola, Sergio - 2012
Abstract This paper conducts an empirical investigation of the effects of temporary versus persistent fiscal policy shocks. Using data from the US I show that short lived fiscal expansions have a positive effect on output and consumption; while persistent fiscal shocks generate negative effects...
Persistent link: https://www.econbiz.de/10010316756
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Public debt and long-term interest rates: the case of Germany, Italy and the USA
Paesani, Paolo; Strauch, Rolf; Kremer, Manfred - 2006
macroeconomic consequences of government debt accumulation. Focusing on the USA, Germany and Italy over the 1983-2003 period, the …
Persistent link: https://www.econbiz.de/10011604702
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The Debt Ceiling, Once More, with Feeling...
Galbraith, James K. - In: Intereconomics 58 (2023) 1, pp. 63-64
Persistent link: https://www.econbiz.de/10014334682
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Policy uncertainty and aggregate fluctuations
Mumtaz, Haroon; Surico, Paolo - 2013
This paper estimates the impact on the US economy of four types of uncertainty about (i) government spending, (ii) tax changes, (iii) public debt sustainability and (iv) monetary policy. Following a one standard deviation shock, uncertainty about debt sustainability has the largest and most...
Persistent link: https://www.econbiz.de/10010368163
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USA nach der Wahl: Hat sich das Risiko des »Fiscal Cliff« erhöht? Welche Folgen sind zu befürchten?
Braml, Josef; Besch, Rudolf; Weidensteiner, Bernd - In: ifo Schnelldienst 65 (2012) 24, pp. 3-14
Die USA haben gewählt und den amtierenden Präsidenten Barack Obama in seinem Amt bestätigt. Nach Ansicht von Josef … amerikanischen Wirtschaftsmodells. Wenn nicht bis Jahresende eine überparteiliche Lösung im Kongress gefunden wird, droht den USA …. Für Bernd Weidensteiner, Commerzbank AG, ist ein plausibles Szenario, dass die USA zu Jahresbeginn zwar über die …
Persistent link: https://www.econbiz.de/10011693434
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The US Fiscal Cliff – When Economists Recklessly Endanger the Economy
Kotlikoff, Laurence - In: CESifo Forum 14 (2013) 2, pp. 3-8
Persistent link: https://www.econbiz.de/10011696105
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Fiscal Policy in the United States: Still in Need of a Strategy
Stockton, David J. - In: CESifo Forum 14 (2013) 2, pp. 9-16
Persistent link: https://www.econbiz.de/10011696106
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Jumping the Fiscal Cliff: The Political Economy of Fiscal Policy-Making under President Obama
Mildner, Stormy-Annika; Howald, Julia - In: CESifo Forum 14 (2013) 2, pp. 17-24
Persistent link: https://www.econbiz.de/10011696107
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The US Fiscal Crisis: The Debt Sustainability Delusion and the True Costs of Fiscal Austerity
Mendoza, Enrique G. - In: CESifo Forum 14 (2013) 2, pp. 25-31
Persistent link: https://www.econbiz.de/10011696108
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“Can You Fall Off a Cliff and Hit a Ceiling?”: On Shooting Yourself in Your Own Analogy
Forstater, Mathew - In: CESifo Forum 14 (2013) 2, pp. 32-37
Persistent link: https://www.econbiz.de/10011696109