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Monetary policy in an imperfect information environment
Other, Lars - 2021
Persistent link: https://www.econbiz.de/10012519676
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Fiscal stimulus : a neoclassical perspective
Strulik, Holger; Trimborn, Timo - 2009
Can a large-scale defcit spending program speed up recovery after recession? To answer that question we calibrate a standard neoclassical growth model with US data and assume that an exogenous shock has driven aggregate output far below steady-state level. We calibrate the model such that a...
Persistent link: https://www.econbiz.de/10003857658
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European Monetary Union : theory, evidence, and policy ; with 64 tables
Carlberg, Michael - 1999
Persistent link: https://www.econbiz.de/10001350810
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Cross-region transfers in a monetary union : evidence from the US and some implications
Pennings, Steven - 2020
US federal transfers to individuals are large, countercyclical, vary geographically, and are often credited for helping stabilize regional economies. This paper estimates the short-run effects of these transfers using plausibly exogenous regional variation in temporary stimulus packages and...
Persistent link: https://www.econbiz.de/10012241154
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Demand shocks and economic fluctuations
Wen, Yi (contributor) - 2006
Persistent link: https://www.econbiz.de/10003739646
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Demand shocks and economic fluctuations
Wen, Yi - In: Economics letters 90 (2006) 3, pp. 378-383
Persistent link: https://www.econbiz.de/10003295282
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Policy errors and business cycle fluctuations : evidence from an emerging economy
Kumar, Abhishek; Mallick, Sushanta Kumar; Sinha, Apra - In: Journal of economic behavior & organization : JEBO 192 (2021), pp. 176-198
Persistent link: https://www.econbiz.de/10013188042
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Adjustment is much slower than you think
Caballero, Ricardo J.; Engel, Eduardo - 2003
holds for the microeconomic response of some of the most important economic variables, such as investment, labor demand, and … actual response to shocks is less than half as fast as the estimated response. For investment, labor demand and prices, the …, even after aggregating investment across all establishments in U.S. manufacturing, the estimate of its speed of adjustment …
Persistent link: https://www.econbiz.de/10011609531
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Time-to-build approach in a sticky price, sticky wage optimizing monetary model
Casares, Miguel - 2002
Persistent link: https://www.econbiz.de/10013434466
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Adjustment is much slower than you think
Caballero, Ricardo J. (contributor);  … - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10002114575