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Fiskal stimulus in times of high debt : reconsidering multipliers and twin deficits

Nickel, Christiane; Tudyka, Andreas - In: Journal of money, credit and banking : JMCB 46 (2014) 7, pp. 1313-1344

Persistent link: https://www.econbiz.de/10010468728

Fiscal stimulus in times of high debt : reconsidering multipliers and twin deficits

Nickel, Christiane; Tudyka, Andreas - 2013

Persistent link: https://www.econbiz.de/10009765549

Fiscal Stimulus in Times of High Debt : Reconsidering Multipliers and Twin Deficits

Nickel, Christiane - 2013

We investigate the impact of fiscal stimuli at different levels of the government debt-to-GDP-ratio for a sample of 17 European countries from 1970 to 2010. This is implemented in an interacted panel VAR framework in which all coefficient parameters are allowed to change continuously with the...

Persistent link: https://www.econbiz.de/10013087096

Learning About Fiscal Multipliers During the European Sovereign Debt Crisis : Evidence from a Quasi-Natural Experiment

Górnicka, Lucyna - 2018

Identifying fiscal multipliers is usually constrained by the absence of a counterfactual scenario. Our new data set allows overcoming this problem by making use of the fact that recommendations under the EU's excessive deficit procedure (EDP) provide both a baseline no-policy-change scenario and...

Persistent link: https://www.econbiz.de/10012917733

Fiscal stimulus in times of high debt: reconsidering multipliers and twin deficits

Tudyka, Andreas - In: Accounting for time-varying and nonlinear relationships …, (pp. 4-50). 2015

Persistent link: https://www.econbiz.de/10011913316

Learning about fiscal multipliers during the European sovereign debt crisis : evidence from a quasi-natural experiment

Górnicka, Lucyna; Kamps, Christophe; Koester, Gerrit; … - In: Economic policy 35 (2020) 101, pp. 5-40

Persistent link: https://www.econbiz.de/10012313285

Public debt, economic policy coordination and their effectiveness : lessons from the EMU and Brazil

Frascaroli, Bruno Ferreira; Oliveira, Jailson da … - In: Journal of economic policy reform 24 (2021) 2, pp. 219-235

Persistent link: https://www.econbiz.de/10012549317

Economic policy coordination in the EMU : how much scope will there be within the framework of the stability and growth pact?

Breuss, Fritz; Weber, Andrea - 1999

for 10 EMU countries and for the ECB. The gains from cooperation are calculated by comparing two equilibria, a Nash and a … as a whole with the targets output gap and inflation. In the case of a "full" cooperation, where the 10 EMU countries … manoeuvre of fiscal policy of the EMU member states in stage III of EMU. Secondly, we find that not in all countries cooperation …

Persistent link: https://www.econbiz.de/10011491576

Euro area fiscal policy changes : stylised features of the past two decades

Braz, Cláudia; Carnot, Nicolas - 2019

Persistent link: https://www.econbiz.de/10012120945

It is private, not public finances that are out of whack

Koo, Richard C. - In: German economic review 15 (2014) 1, pp. 166-190

Persistent link: https://www.econbiz.de/10010498698