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Choreographies of entrepreneurship: How different formats of co-presence are combined to facilitate knowledge creation in seed accelerator programs
Kuebart, Andreas Sebastian Carl; Ibert, Oliver - In: Raumforschung und Raumordnung / Spatial Research and … 78 (2020) 1, pp. 35-51
accelerator programs. Seed accelerators offer programs of three to six months to enhance the growth of early-stage start …-ups through various means of training and organizational development. In this paper, seed accelerator programs are analysed as … eight different ways in which physical co-presence is used during seed accelerator programs. Through these eight types of co …
Persistent link: https://www.econbiz.de/10012249877
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The debt brake: business cycle and welfare consequences of Germany's new fiscal policy rule
Mayer, Eric; Stähler, Nikolai - 2009
In a New Keynesian DSGE model with non-Ricardian consumers, we show that automatic stabilization according to a countercyclical spending rule following the idea of the debt brake is well suited both to steer the economy and in terms of welfare. In particular, the adjustment account set up to...
Persistent link: https://www.econbiz.de/10010298840
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Public expenditure policy in Bolivia: Growth and welfare
Machicado, Carlos Gustavo; Estrada, Paul; Flores, Ximena - 2010
It has been widely documented that fiscal policy can promote economic growth, when it is based on an efficient provision of pubic capital. But little work has been done, in Bolivia, in relation to the macroeconomic and sectoral impacts of increasing public investment in infrastructure. This...
Persistent link: https://www.econbiz.de/10010273907
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Exit strategies
Angeloni, Ignazio; Faia, Ester; Winkler, Roland C. - 2011
We study alternative scenarios for exiting the post-crisis fiscal and monetary accommodation using the model of Angeloni and Faia (2010), that combines a standard DSGE framework with a fragile banking sector, suitably modified and calibrated for the euro area. Credibly announced and fast fiscal...
Persistent link: https://www.econbiz.de/10010277270
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Fiscal policy in the EU in the crisis: A model-based approach
Székely, István P.; Roeger, Werner; Veld, Jan in 't - 2011
This paper uses a multi region DSGE model with collateral constrained households and residential investment to examine the effectiveness of fiscal policy stimulus measures in a credit crisis. The paper explores alternative scenarios which differ by the type of budgetary measure, its length, the...
Persistent link: https://www.econbiz.de/10011430871
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Labour market and fiscal policy
Charpe, Matthieu; Bridji, Slim - 2012
This paper discusses fiscal policy using a DSGE model with search and matching in the labour market. Fiscal policy is effective mainly via its impact through the labour market. Although public intervention tends to crowd out private consumption, public spending also improves the matching between...
Persistent link: https://www.econbiz.de/10010316798
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On fiscal multipliers: Estimates from a medium scale DSGE model
Zubairy, Sarah - 2010
This paper contributes to the debate on fiscal multipliers, in the context of a structural model. I estimate a micro-founded dynamic stochastic general equilibrium model, that features a rich fiscal policy block and a transmission mechanism for government spending shocks, using Bayesian...
Persistent link: https://www.econbiz.de/10010279882
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The welfare implications of fiscal dominance
De Resende, Carlos; Rebei, Nooman - 2008
This paper studies the interdependence between fiscal and monetary policy in a DSGE model with sticky prices and non-zero trend inflation. We characterize the fiscal and monetary policies by a rule whereby a given fraction k of the government debt must be backed by the discounted value of...
Persistent link: https://www.econbiz.de/10010280002
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The external finance premium in the euro area A useful indicator for monetary policy?
Gelain, Paolo - 2010
-called financial accelerator mechanism developed in Bernanke, Gertler and Gilchrist (1999). The main aim is to obtain a time series for … Area data than the model without them, the former is not satisfactory in many other respects. For instance, the accelerator …
Persistent link: https://www.econbiz.de/10011605217
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Capital requirement and financial frictions in banking: Macroeconomic implications
Dib, Ali - 2010
accelerator, and financial frictions in the interbank and bank capital markets. He investigates the importance of banking sector …
Persistent link: https://www.econbiz.de/10010280036