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A macroeconomic analysis of energy subsidies in a small open economy
Glomm, Gerhard; Jung, Jürgen - 2015
We construct a dynamic model of a small open economy to analyze the effects of large energy subsidies. The model includes domestic energy production and consumption, trade in energy at world market prices, as well as private and public sector production. The model is calibrated to Egypt and used...
Persistent link: https://www.econbiz.de/10010479353
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Optimal fiscal spending and reserve accumulation policies under volatile aid
Moldovan, Ioana R.; Yang, Shu-Chun S.; Zanna, Luis-Felipe - 2019
to volatile foreign aid, in a small open economy model that incorporates typical features of low-income countries. Within … a class of policy rules, it jointly considers the optimal aid spending and international reserve accumulation policies … aid, while partially accumulating foreign exchange reserves to offset Dutch disease effects. Also, allocating relatively …
Persistent link: https://www.econbiz.de/10012102039
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Families in macroeconomics
Doepke, Matthias; Tertilt, Michele - 2016
aggregate labor supply and savings. Next, we turn to economic growth, and describe how accounting for families is central for …
Persistent link: https://www.econbiz.de/10011454407
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How Keynes came to Britain
Skidelsky, Robert Jacob Alexander - In: Review of Keynesian economics 4 (2016) 1, pp. 4-19
Persistent link: https://www.econbiz.de/10011450745
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Reconsidering macroeconomic policy prescriptions with meta-analysis
Gechert, Sebastian - 2022
This paper investigates recent developments in meta-analysis, the tool to quantitatively synthesize research in a certain body of literature. After providing a brief overview on how to do a meta-analysis and discussing recent methodological advancements in the field, I review applied...
Persistent link: https://www.econbiz.de/10012818057
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Post-Keynesian macroeconomics since the mid 1990s : main developments
Hein, Eckhard - In: European journal of economics and economic policies : … 14 (2017) 2, pp. 131-172
Persistent link: https://www.econbiz.de/10011890631
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Post-Keynesian macroeconomics since the mid-1990s : main developments
Hein, Eckhard - 2016
In this paper the main developments in post-Keynesian macroeconomics since the mid- 1990s will be reviewed. For this purpose the main differences between heterodox economics in general, including post-Keynesian economics, and orthodox economics will be reiterated and an overview over the strands...
Persistent link: https://www.econbiz.de/10011560674
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Post-Keynesian macroeconomics since the mid-1990s : main developments
Hein, Eckhard - 2017
In this paper the main developments in post-Keynesian macroeconomics since the mid-1990s will be reviewed. For this purpose the main differences between heterodox economics in general, including post-Keynesian economics, and orthodox economics will be reiterated and an overview over the strands...
Persistent link: https://www.econbiz.de/10011918712
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Fiscal policy, economic growth and innovation : an empirical analysis of G20 countries
Hanusch, Horst; Chakraborty, Lekha S.; Khurana, Swati - 2017
This paper analyzes the effectiveness of public expenditures on economic growth within the analytical framework of … the specific categories of public expenditures and economic growth, captured in human capital formation, defense … economic growth is much higher than that of the other macro variables. Data for the study was drawn from the International …
Persistent link: https://www.econbiz.de/10011608875
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On the financing of higher education, long run growth, and fiscal deficit
Escobar Posada, Rolando A. - 2017
Persistent link: https://www.econbiz.de/10011914841