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Analyzing the interaction of monetary and fiscal policy : does fiscal policy play a valuable role in stabilisation?
Muscatelli, V. Anton; Tirelli, Patrizio - In: CESifo economic studies : CESifo, a joint initiative of … 51 (2005) 4, pp. 549-585
This paper provides an overview of recent papers which use estimated New Keynesian models to study the extent to which fiscal policy can be used to stabilize the economy. We use a variety of different New Keynesian models, estimated on data for both the US and for the Euro area, and highlight...
Persistent link: https://www.econbiz.de/10003229171
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Shocks, Structures or Monetary Policies? The Euro Area and US After 2001
Christiano, Lawrence J. - 2007
The US Federal Reserve cut interest rates more vigorously in the recent recession than the European Central Bank did. By comparison with the Fed, the ECB followed a more measured course of action. We use an estimated dynamic general equilibrium model with financial frictions to show that...
Persistent link: https://www.econbiz.de/10012776610
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Shocks, Structures or Monetary Policies? The Euro Area and US After 2001
Christiano, Lawrence - 2007
The US Federal Reserve cut interest rates more vigorously in the recent recession than the European Central Bank did. By comparison with the Fed, the ECB followed a more measured course of action. We use an estimated dynamic general equilibrium model with financial frictions to show that...
Persistent link: https://www.econbiz.de/10012465125
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Structural reform, intra-regional trade, and medium-term growth prospects of East Asia and the Pacific : perspectives from a new multi-region model
N'Diaye, Papa M'B. P.; Zhang, Ping; Zhang, Wenlang - In: Journal of Asian economics 21 (2010) 1, pp. 20-36
Persistent link: https://www.econbiz.de/10009243599
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Fiscal policy in the United States : automatic stabilizers, discretionary fiscal policy actions, and the economy
Follette, Glenn; Lutz, Byron F. - 2010
Persistent link: https://www.econbiz.de/10008655790
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Policy evaluation in macroeconomics : unemployment, fiscal rules, and exchange rates
Gehrke, Britta - 2014
Persistent link: https://www.econbiz.de/10010442652
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Fiscal Policy in the United States : Automatic Stabilizers, Discretionary Fiscal Policy Actions, and the Economy
Lutz, Byron F. - 2010
We examine the effects of the economy on the government budget as well as the effects of the budget on the economy. First, we provide measures of the effects of automatic stabilizers on budget outcomes at the federal and state and local levels. For the federal government, the deficit increases...
Persistent link: https://www.econbiz.de/10013137649
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Fiscal Policy in the United States : Automatic Stabilizers, Discretionary Fiscal Policy Actions, and the Economy
Follette, Glenn R. - 2011
We examine the effects of the economy on the government budget as well as the effects of the budget on the economy. First, we provide measures of the effects of automatic stabilizers on budget outcomes at the federal and state and local levels. For the federal government, the deficit increases...
Persistent link: https://www.econbiz.de/10013122090
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Fiscal Policy in the United States : Automatic Stabilizers, Discretionary Fiscal Policy Actions, and the Economy
Follette, Glenn R. - 2012
We examine the effects of the economy on the government budget as well as the effects of the budget on the economy. First, we provide measures of the effects of automatic stabilizers on budget outcomes at the federal and state and local levels. For the federal government, the deficit increases...
Persistent link: https://www.econbiz.de/10013112403
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Konjunktur für den Klimaschutz? : Klima- und Wachstumswirkungen weltweiter Konjunkturprogramme
Klepper, Gernot; Peterson, Sonja; Petrick, Sebastian; … - 2009
Konjunktur für den Klimaschutz? Klima- und Wachstumswirkungen weltweiter Konjunkturprogramme Gernot Klepper, Sonja … Krise sind weltweite Konjunktur- programme, die sich auf 4,7 Prozent des Welt- bruttoinlandsprodukts addieren und insgesamt … ökologisch und wirtschaftlich nachhaltigen Wachstumspfad einschlägt. Die Wirkung der internationalen Konjunktur- pakete auf …
Persistent link: https://www.econbiz.de/10003839016