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Utility functions, fiscal shocks and the open economy : in the search of a positive consumption multiplier

Wegmueller, Philipp - 2014 - This version: October 3, 2014

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

The asymmetric effects of government expenditure shocks on private consumption : evidence from Arab resource-rich countries

Eid, Ashraf Galal; Charfeddine, Lanouar - In: International journal of business and economics 21 (2022) 3, pp. 215-236

Persistent link: https://www.econbiz.de/10014235398

Symmetric shocks and consumer spending in the EU

Carruth, Alan A.; Gibson, Heather D.; Tsakalōtos, … - 1994

Persistent link: https://www.econbiz.de/10000898017

Technology, employment, and the business cycle : do technology shocks explain aggregate fluctuations?

Galí, Jordi - 1996

Persistent link: https://www.econbiz.de/10000602118

Consumption smoothing through fiscal policy in OECD and EU countries

Arreaza, Adriana; Sørensen, Bent E.; Yosha, Oved - 1998

Persistent link: https://www.econbiz.de/10000655517

Négociations salariales centralisées ou décentralisées dans le cas d'un recul de la demande

Artus, Patrick - 1997

Persistent link: https://www.econbiz.de/10000958086

Consumption growth and the real interest rate following a monetary policy shock : is the habit persistence assumption relevant?

Auray, Stéphane; Gallès, Clémentine - In: Recherches économiques de Louvain 74 (2008) 2, pp. 121-142

Persistent link: https://www.econbiz.de/10003717560

Household responses to adverse income shocks in Latin America

Gaviria Uribe, Alejandro - In: Desarrollo y sociedad 49 (2002), pp. 99-127

Persistent link: https://www.econbiz.de/10003719124

Consumption disasters in the twentieth century

Barro, Robert J.; Ursúa, José F. - In: The American economic review 98 (2008) 2, pp. 58-63

Persistent link: https://www.econbiz.de/10003730011

Productivity, external balance, and exchange rates : evidence on the transmission mechanism among G7 countries

Corsetti, Giancarlo; Dedola, Luca; Leduc, Sylvain - In: NBER International Seminar on Macroeconomics 2006, (pp. 117-178). 2008

Persistent link: https://www.econbiz.de/10003755026

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