Similar Search Results

Decomposing local fiscal multipliers : evidence from Japan

Kameda, Taisuke; Namba, Ryoichi; Tsuruga, Takayuki - 2019 - This draft: October 2019

accounts. We estimate the local fiscal multiplier on output to be 1.7 at the regional level. The regional fiscal multiplier … and small in size. We decompose the regional fiscal multiplier on output into multipliers on expenditure components. The … regional fiscal multiplier on absorption exceeds 2.0 because of the crowding-in effect on consumption and investment. Moreover …

Persistent link: https://www.econbiz.de/10012109875

On the logic of fiscal policy coordination in a Monetary Union

Landmann, Oliver - In: Open economies review 29 (2018) 1, pp. 69-87

Persistent link: https://www.econbiz.de/10012039072

Fiscal policy in Europe : the importance of making it predictable

Cavallari, Lilia; Romano, Simone - In: Economic modelling 60 (2017), pp. 81-97

Persistent link: https://www.econbiz.de/10011734177

Fiscal spillovers in the euro area : letting the data speak

Dabla-Norris, Era; Dallari, Pietro; Poghosyan, Tigran - 2017

We estimate a panel VAR model that captures cross-country, dynamic interlinkages for 10 euro area countries using quarterly data for the period 1999-2016. Our analysis suggests that fiscal spillovers are significant and tend to be larger for countries with close trade and financial links as...

Persistent link: https://www.econbiz.de/10011763596

Fiscal policy multipliers and spillovers in a multi-regional macroeconomic input-output model

Kratena, Kurt; Streicher, Gerhard - 2017

The recent macroeconomic literature dealing with fiscal policy multipliers is dominated by applications of aggregate DSGE (Dynamic Stochastic General Equilibrium) models, whereas multi-sectoral models (econometric input-output or CGE) are absent. This paper contributes to the debate from a...

Persistent link: https://www.econbiz.de/10011710020

Local and aggregate fiscal policy multipliers

Dupor, Bill; Guerrero, Rodrigo - In: Journal of monetary economics 92 (2017), pp. 16-30

Persistent link: https://www.econbiz.de/10011799569

Local fiscal multipliers and spillover effects : evidence from Philippine regions

Debuque-Gonzales, Margarita - In: Economic systems 45 (2021) 2, pp. 1-15

Persistent link: https://www.econbiz.de/10013368909

State-level fiscal multipliers in India : local fiscal multiplier approach

Sharma, Somnath; Rath, Deba Prasad; Behera, Samir Ranjan - In: Journal of quantitative economics 22 (2024) 1, pp. 91-102

Persistent link: https://www.econbiz.de/10014518693

Essays on monetary and fiscal policy transmission

Cwik, Tobias - 2010

Persistent link: https://www.econbiz.de/10008749831

Economic openness and fiscal multipliers

Riguzzi, Marco; Wegmüller, Philipp - 2015

fiscal multiplier. However, traditional macroeconomic models have difficulties in accounting for this evidence. It is the … monetary policy. The presence of counter-cyclical firm markups is a crucial ingredient to generating a fiscal multiplier of … fiscal multiplier. …

Persistent link: https://www.econbiz.de/10010486909