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Fiscal Multipliers in the Covid19 Recession

Auerbach, Alan J.; Gorodnichenko, Yuriy; McCrory, Peter; … - 2022

In response to the record-breaking COVID19 recession, many governments have adopted unprecedented fiscal stimuli. While countercyclical fiscal policy is effective in fighting conventional recessions, little is known about the effectiveness of fiscal policy in the current environment with...

Persistent link: https://www.econbiz.de/10013311891

Fiscal multipliers in the COVID19 recession

Auerbach, Alan J.; Gorodnichenko, Yuriy; McCrory, Peter B. - In: Journal of international money and finance 126 (2022), pp. 1-18

Persistent link: https://www.econbiz.de/10013435476

State-Dependent Local Projections : Understanding Impulse Response Heterogeneity

Cloyne, James; Jordà, Òscar; Taylor, Alan M. - National Bureau of Economic Research - 2023

decomposition-based approach, we show how to unpack heterogeneity in the fiscal multiplier, an object that at any point in time may … our application, the fiscal multiplier varies considerably with monetary policy: it can be as small as zero, or as large …

Persistent link: https://www.econbiz.de/10014226168

State-dependent local projections: understanding impulse response heterogeneity

Cloyne, James S.; Jordà, Òscar; Taylor, Alan M. - 2023

Persistent link: https://www.econbiz.de/10014287867

State-dependent local projections : understanding impulse response heterogeneity

Cloyne, James S.; Jordà, Òscar; Taylor, Alan M. - 2023

Persistent link: https://www.econbiz.de/10013540547

Emigration and fiscal austerity in a depression

Bandeira, Guilherme; Caballé, Jordi; Vella, Eugenia - In: Journal of economic dynamics & control 144 (2022), pp. 1-26

Persistent link: https://www.econbiz.de/10013543128

The effectiveness of fiscal policy

Andrés, Javier - In: Fiscal policy in a turbulent era : tectonic shifts, (pp. 86-102). 2024

Persistent link: https://www.econbiz.de/10014577826

Do public investments increase employment in a recession? : evidence from Germany ; conference paper

Buchheim, Lukas; Watzinger, Martin - 2013

In 2009, Germany invested 15.4 Billion Euro in infrastructure to avert the looming recession. In this study, we …

Persistent link: https://www.econbiz.de/10010341046

Dynamic interactions between public finances and economic activity in Germany : time series perspectives on the sustainability, cyclicality, sensitivity and economic impact of fisc...

Priesmeier, Christoph - 2014 - 1. Aufl.

Wie interagieren öffentliche Finanzen und Wirtschaftswachstum in Deutschland? Und welchen Einfluss haben diese … in Deutschland zu schließen. Er findet bei Gewinnsteuerelastizitäten starke Schwankungen über den Zeitablauf. Und … decisive for ruining the sustainability of public finances in Germany and how a debt brake could bring them back on a …

Persistent link: https://www.econbiz.de/10012015329

Business uncertainty and the effectiveness of fiscal policy in Germany

Berg, Tim Oliver - In: Macroeconomic dynamics 23 (2019) 4, pp. 1442-1470

Persistent link: https://www.econbiz.de/10012127160