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Decomposing local fiscal multipliers : evidence from Japan
Kameda, Taisuke; Namba, Ryoichi; Tsuruga, Takayuki - In: Japan and the world economy : international journal of … 57 (2021), pp. 1-17
Persistent link: https://www.econbiz.de/10012888150
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Decomposing local fiscal multipliers : evidence from Japan
Kameda, Taisuke; Namba, Ryoichi; Tsuruga, Takayuki - 2019 - This draft: October 2019
accounts. We estimate the local fiscal multiplier on output to be 1.7 at the regional level. The regional fiscal multiplier … and small in size. We decompose the regional fiscal multiplier on output into multipliers on expenditure components. The … regional fiscal multiplier on absorption exceeds 2.0 because of the crowding-in effect on consumption and investment. Moreover …
Persistent link: https://www.econbiz.de/10012109875
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Fiscal policy multipliers and spillovers in a multi-regional macroeconomic input-output model
Kratena, Kurt; Streicher, Gerhard - 2017
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
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Government spending multipliers in contraction and expansion
Qazizada, W.; Stockhammer, Engelbert - In: International review of applied economics 29 (2015) 2, pp. 238-258
Persistent link: https://www.econbiz.de/10010533025
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How important is fiscal stimulus for economic growth? : empirical evidence from G7 countries
Senekovič, Marko; Kavkler, Alenka; Bekő, Jani - In: International journal of sustainable economy 11 (2019) 1, pp. 1-17
Persistent link: https://www.econbiz.de/10011997571
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State-dependent local projections: understanding impulse response heterogeneity
Cloyne, James S.; Jordà, Òscar; Taylor, Alan M. - 2023
Persistent link: https://www.econbiz.de/10014287867
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State-dependent local projections : understanding impulse response heterogeneity
Cloyne, James S.; Jordà, Òscar; Taylor, Alan M. - 2023
Persistent link: https://www.econbiz.de/10013540547
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Financial fragility and the fiscal multiplier
Wijnbergen, Sweder van; Kwaak, Christiaan van der - 2014
cycle further lowe ring the fiscal multiplier. Longer maturity debt leads to larger capital losses and lower Keynesian … further after a deficit financed stimulus package, eventually implying a cumulative Keynesian multiplier close to zero or even …
Persistent link: https://www.econbiz.de/10010226967
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Fiskal stimulus in times of high debt : reconsidering multipliers and twin deficits
Nickel, Christiane; Tudyka, Andreas - In: Journal of money, credit and banking : JMCB 46 (2014) 7, pp. 1313-1344
Persistent link: https://www.econbiz.de/10010468728
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How harmful are cuts in public employment and wage in times of high unemployment?
Betti, Thierry; Coudert, Thomas - In: Bulletin of economic research 74 (2022) 1, pp. 247-277
Persistent link: https://www.econbiz.de/10012819312