Showing 1 - 10 of 9,528
Persistent link: https://www.econbiz.de/10014336442
Persistent link: https://www.econbiz.de/10011300732
Euro Area economies to a one percent shock in government consumption and business confidence. The evidence suggests that … even though the response to a government consumption shock is strong, a shock in expectations has an even greater effect …
Persistent link: https://www.econbiz.de/10011760247
Persistent link: https://www.econbiz.de/10011377039
Persistent link: https://www.econbiz.de/10012183991
Persistent link: https://www.econbiz.de/10012197259
Persistent link: https://www.econbiz.de/10012514813
1980. Over the period 1955-1979 an expansionary spending or revenue shock was associated with modestly higher stock prices …. After 1980, along with a decline in the fiscal multiplier, the response of stock prices to the same shock became negative …
Persistent link: https://www.econbiz.de/10011887044
Persistent link: https://www.econbiz.de/10003412237
This paper provides new evidence on the effects of government spending shocks and the fiscal transmission mechanism in the euro area for the period 1980-2008. Our contribution is two-fold. First, we investigate changes in the macroeconomic impact of government spending shocks using time-varying...
Persistent link: https://www.econbiz.de/10011380027