Showing 1 - 10 of 2,037
Persistent link: https://www.econbiz.de/10011647034
Persistent link: https://www.econbiz.de/10012152823
Persistent link: https://www.econbiz.de/10011607541
This paper analyzes the dynamic effects of a fiscal policy shock and its transmission mechanism in a small open economy and compares the responses under different specifications of the utility function. The traditional Mundell-Flemming model tells that fiscal policy is more effective under a peg...
Persistent link: https://www.econbiz.de/10010414839
Persistent link: https://www.econbiz.de/10012549298
Persistent link: https://www.econbiz.de/10000723690
Persistent link: https://www.econbiz.de/10009675139
Persistent link: https://www.econbiz.de/10012604767
Fiscal spending multiplier calculations have been revived in the aftermath of the global financial crisis. Much of the … multiplier for EU members. Multipliers for specific spending categories are comparably high, ranging between 1.4 and 1.8 for many … react in an expansionary manner. -- Fiscal spending multiplier calculation ; Input-Output calculus ; incomeexpenditure model …
Persistent link: https://www.econbiz.de/10009126063
The recent macroeconomic literature dealing with fiscal policy multipliers is dominated by applications of aggregate DSGE (Dynamic Stochastic General Equilibrium) models, whereas multi-sectoral models (econometric input-output or CGE) are absent. This paper contributes to the debate from a...
Persistent link: https://www.econbiz.de/10011710020