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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

Countercyclical taxes in a monopolistically competitive environment

Moldovan, Ioana R. - In: European economic review : EER 54 (2010) 5, pp. 692-717

Persistent link: https://www.econbiz.de/10008657276

Transitional dynamics and the distribution of assets

Obiols-Homs, Francesc; Urrutia, Carlos - In: Economic theory : official journal of the Society for … 25 (2005) 2, pp. 381-400

Persistent link: https://www.econbiz.de/10002595616

A spatial Mankiw-Romer-Weil model : theory and evidence

Fischer, Manfred M. - In: The annals of regional science : an international … 47 (2011) 2, pp. 419-436

Persistent link: https://www.econbiz.de/10009356702

Global economic growth and endogenous labor supply with national congested public goods and fiscal policies

Zhang, Wei-Bin - In: International economics & finance journal : (IEFJ) 6 (2011) 2, pp. 229-244

Persistent link: https://www.econbiz.de/10009534394

The Diamond-Rajan bank runs in a production economy

Kobayashi, Keiichiro - 2011

Persistent link: https://www.econbiz.de/10009240067

Transition dynamics in the neoclassical growth model : the case of South Korea

Chang, Yongsung; Hornstein, Andreas - 2011

Persistent link: https://www.econbiz.de/10009266588

Transition dynamics in the neoclassical growth model : the case of South Korea

Chang, Yongsung; Hornstein, Andreas - 2011

Persistent link: https://www.econbiz.de/10009266589

Managerial pay (cadrisme) and the Post Keynesian growth model

Palley, Thomas I. - 2010

-klassischer marxistischer Theorie und postkeynesianischer Wachstumstheorie geschlagen. Neo-klassische Marxisten fokussieren auf die Frage, warum … long run growth outcomes. Third, managerial pay links neo-classical Marxist theory with Post Keynesian growth theory. Neo … theory and firms may choose techniques that lower growth because they increase profits. …

Persistent link: https://www.econbiz.de/10009306637

International Liquidity Rents

Eden, Maya - 2013

This paper presents a model of global liquidity shortages. Liquid claims are enforceable promises that play a transaction role. Since developed economies have a comparative advantage in creating liquidity, they export liquid claims to emerging economies, resulting in a permanent current account...

Persistent link: https://www.econbiz.de/10011395745