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A model of the market for bank credit : the case of Germany
Bofinger, Peter; Maas, Daniel; Ries, Mathias - 2017
Since the financial crisis there exists a widespread discussion about the role of banking in a monetary economy. We contribute to this discussion by presenting a basic model of the banking sector which models banks as originators of credit without owning pre-collected savings or reserves...
Persistent link: https://www.econbiz.de/10011772931
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Impulse response analysis of cointegrated systems
Lütkepohl, Helmut - In: Journal of economic dynamics & control 16 (1992) 1, pp. 53-78
Persistent link: https://www.econbiz.de/10001115981
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Estimating tax and benefit multipliers in Europe
Al-Eyd, Ali J.; Barrell, Ray - In: Economic modelling 22 (2005) 5, pp. 759-776
Persistent link: https://www.econbiz.de/10003116480
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An estimation and decomposition of the government investment multiplier
Clemens, Marius; Michelsen, Claus; Rieth, Malte - 2025
autoregressions, we document a significant crowding-in of private investment and an output multiplier of roughly 2. Then, we match a … New Keynesian dynamic stochastic general equilibrium model to the empirical responses, and we decompose the multiplier … capacity in the medium run, and it generates demand effects along the production network. We find a similar multiplier in other …
Persistent link: https://www.econbiz.de/10015207271
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Essays on monetary and fiscal policy transmission
Cwik, Tobias - 2010
Persistent link: https://www.econbiz.de/10008749831
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Can R&D subsidies counteract the economic crisis? : macroeconomic effects in Germany
Brautzsch, Hans-Ulrich; Günther, Jutta; Loose, Brigitte; … - In: Research policy : policy, management and economic … 44 (2015) 3, pp. 623-633
Persistent link: https://www.econbiz.de/10011333757
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German and the rest of euro area fiscal policy during the crisis
Gadatsch, Niklas; Hauzenberger, Klemens; Stähler, Nikolai - 2015
We present the estimated large-scale three-region DSGE model GEAR picturing Germany, the Euro Area and the Rest of the world. Compared to existing models of this type, GEAR incorporates a comprehensive fiscal block, involuntary unemployment and a complex international structure. We use the model...
Persistent link: https://www.econbiz.de/10010516561
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Das Saldenmechanische Modell und die Fiskalpolitik
Gechert, Sebastian - In: Bewegungsgesetze des Kapitalismus : Festschrift für …, (pp. 61-75). 2018
Persistent link: https://www.econbiz.de/10011972633