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Government spending multipliers under the zero lower bound: Evidence from Japan
Miyamoto, Wataru; Nguyen, Thuy Lan; Sergeyev, Dmitriy - 2017
Using a rich data set on government spending forecasts in Japan, we provide new evidence on the effects of unexpected changes in government spending when the nominal interest rate is near the zero lower bound (ZLB). The on-impact output multiplier is 1.5 in the ZLB period, and 0.6 outside of it....
Persistent link: https://www.econbiz.de/10012014448
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Geld- und Fiskalpolitik in einem Ungleichgewichtsmodell für die Bundesrepublik Deutschland
König, Heinz - In: Makro, Geld & Institutionen : Beiträge zu einem …, (pp. 10-23). 1993
Persistent link: https://www.econbiz.de/10001282620
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Fiscal policy multipliers : the role of monopolistic competition, scale economics, and international substitution in labour supply
Heijdra, Ben J. - In: International economic review 39 (1998) 3, pp. 659-696
Persistent link: https://www.econbiz.de/10001247666
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The institutional foundations of the multiplier process
Howitt, Peter - In: Money, markets and method : essays in honour of Robert …, (pp. 211-235). 1999
Persistent link: https://www.econbiz.de/10001432437
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Government policy multiplier, inflation and financial intermediation : testing the new Keynesian theory
Cotler, Pablo - In: Estudios económicos 15 (2000) 2, pp. 229-247
Persistent link: https://www.econbiz.de/10001554145
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Strategische Komplemente : ein mikroökonomisches Fundament des keynesianischen Multiplikators?
Jahn, Elke J. - In: Moderne Makroökonomik : eine kritische …, (pp. 229-261). 1995
Persistent link: https://www.econbiz.de/10001291037
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Discretely proceeding from cycle to chaos on Goodwinś path
Sordi, Serena; Vercelli, Alessandro - In: Structural change and economic dynamics : SC+ED 17 (2006) 4, pp. 415-436
Persistent link: https://www.econbiz.de/10003394578
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Inflation targeting and the multiplier accelerator principle
Karpetis, Christos; Varelas, Erotokritos G. - In: The journal of applied business research 22 (2006) 4, pp. 103-117
Persistent link: https://www.econbiz.de/10003396824
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Representative agent meets class structure : imperfect competition and the balanced-budget multiplier
Vera, Leonardo V. - In: Cambridge journal of economics 30 (2006) 5, pp. 783-796
Persistent link: https://www.econbiz.de/10003379335
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GDP steady-state multipliers under monopolistic competition revisited
Costa, Luis Filipe Pereira da - In: Portuguese economic journal 6 (2007) 3, pp. 181-204
Persistent link: https://www.econbiz.de/10003642093