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fiscal multipliers when the economy is in recession. We estimate a non-linear model allowing variations based on the state of …
Persistent link: https://www.econbiz.de/10011776481
. We combine the fiscal multipliers from the meta regression analysis in Gechert and Rannenberg (2014) to the fiscal … frontloaded spending cuts due to their strong multipliers in downturns. Implementing only the revenue components of the Greek …
Persistent link: https://www.econbiz.de/10011498230
making the short-run multipliers large. Provided that monetary policy is accommodative, fiscal stimulus becomes more …
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process heterogeneity outside tax forethought, such as a firm's financial wellness, business cycles it undergoes, and decision …
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Local governments in Japan account for about 80 per cent of general government spending when excluding social security expenditures. Therefore, for the implementation of fiscal policy it is important how local governments will behave. On the basis of the economic theories on fiscal federalism it...
Persistent link: https://www.econbiz.de/10010512340