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Economic policy in India : for economic stimulus, or for austerity and volatility?
Sen, Sunanda; DasGupta, Zico - 2014
such policies pose constraints on the recovery of output and employment, with adverse impacts on income distribution; but …
Persistent link: https://www.econbiz.de/10010385761
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Fiscal Policy Interventions at the Zero Lower Bound
Boubaker, Sabri - 2018
We build on a New Keynesian Dynamic Stochastic General Equilibrium (DSGE) model to explore the macroeconomic consequences of fiscal expansionary shocks during the economic crisis of 2008 in the eurozone. In this setting, we find that the big four eurozone economies (France, Germany, Italy, and...
Persistent link: https://www.econbiz.de/10012934551
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Economic Policy in India : For Economic Stimulus, or for Austerity and Volatility?
Sen, Sunanda - 2015
such policies pose constraints on the recovery of output and employment, with adverse impacts on income distribution; but …
Persistent link: https://www.econbiz.de/10013033002
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Achieving two policy targets with one policy instrument : heterogeneous expectations, countercyclical fiscal policy, and macroeconomic stabilization at the effective lower bound
Lima, Gilberto Tadeu; Setterfield, Mark; Silveira, … - 2023
interest rate, in an environment characterized by heterogenous and endogenously time-varying private-sector output and … interventions have both a direct effect on output and inflation (via aggregate demand formation) and an indirect effect on these …
Persistent link: https://www.econbiz.de/10014327480
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Unconventional monetary policy or automatic stabilizers? : a financial post-Keynesian comparison
Nair, Nitin - 2023
The purpose of public policy, expansionary or contractionary, is to encourage the expansion of income, output, and …
Persistent link: https://www.econbiz.de/10014320884
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Unconventional Monetary Policy or Automatic Stabilizers? : A Financial Post-Keynesian Comparison
Nair, Nitin - 2023
The purpose of public policy, expansionary or contractionary, is to encourage the expansion of income, output, and …
Persistent link: https://www.econbiz.de/10014352803
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Achieving Two Policy Targets With One Policy Instrument : Heterogeneous Expectations, Countercyclical Fiscal Policy, and Macroeconomic Stabilization at the Effective Lower Bound
Tadeu Lima, Gilberto; Setterfield, Mark; Silveira, Jaylson - 2023
interest rate, in an environment characterized by heterogenous and endogenously time-varying private-sector output and … interventions have both a direct effect on output and inflation (via aggregate demand formation) and an indirect effect on these …
Persistent link: https://www.econbiz.de/10014256134
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The effect of defense spending on US output : a Factor Augmented Vector Autoregression (FAVAR) approach
Gupta, Rangan; Kabundi, Alain; Ziramba, Emmanuel - In: Defence and peace economics 21 (2010) 2, pp. 135-147
Persistent link: https://www.econbiz.de/10003985323
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The effects of international sanctions on military spending of Iran : a synthetic control analysis
Farzanegan, Mohammad Reza - 2019
We use the synthetic control method to estimate the effect of international banking and energy sanctions from 2012 to 2015 on military spending of Iran. We create a synthetic control group that mimics the socioeconomic characteristics of Iran before the international sanctions of 2012. We then...
Persistent link: https://www.econbiz.de/10012123033
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Maintaining low inflation: money, interest rates, and policy stance
Reynard, Samuel - 2007
This paper presents a systematic empirical relationship between money and subsequent prices and output, using US, euro …
Persistent link: https://www.econbiz.de/10011604802