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The impact of r-g on Euro-Area government spending multipliers

Di Serio, Mario; Fragetta, Matteo; Melina, Giovanni - In: Journal of international money and finance 119 (2021), pp. 1-15

Persistent link: https://www.econbiz.de/10013284956

Interactions between fiscal multipliers and sovereign risk premium : model based assessment for the euro area

Lalik, Magdalena - In: Essays in macroeconomics, (pp. 13-62). 2016

Persistent link: https://www.econbiz.de/10012300758

Fiscal multipliers in downturns and the effects of Euro Area consolidation

Gechert, Sebastian; Hughes Hallett, Andrew; Rannenberg, … - In: Applied economics letters 23 (2016) 16/18, pp. 1138-1140

Persistent link: https://www.econbiz.de/10011701716

The euro-area government spending multiplier at the effective lower bound

Amendola, Adalgiso; Di Serio, Mario; Fragetta, Matteo; … - 2019

economy is at the effective lower bound (ELB) or in normal times does not seem to matter for the size of the multiplier … average multiplier is about 1 in normal times and between 1.6 and 2.8 at the ELB, depending on the specification. The … difference between the two multipliers is distributed largely away from zero. More generally, the multiplier is inversely …

Persistent link: https://www.econbiz.de/10012102056

Interactions between fiscal multipliers and sovereign risk premium during fiscal consolidation : model based assessment for the euro area

Lalik, Magdalena - 2017

The paper presents a model-based assessment of fiscal multipliers operating in the euro area during the period 2011-2014. The assessment is conditional on two distinct reactions of the sovereign risk premium (either responding endogenously to fiscal shocks or being an exogenous process) and two...

Persistent link: https://www.econbiz.de/10011637498

Fiscal consolidations and spillovers in the Euro area periphery and core

Veld, Jan in 't - 2013

Persistent link: https://www.econbiz.de/10010232444

EMU and the cyclical behavior of fiscal policy : a suggested interpretation

Landmann, Oliver - 2014 - Rev.

to pursue stability for the aggregate eurozone, fiscal policies failed to contain macroeconomic divergence across the …

Persistent link: https://www.econbiz.de/10010401689

The impact of fiscal austerity in the Eurozone

Zezza, Gennaro - In: Review of Keynesian economics (2012), pp. 37-54

Persistent link: https://www.econbiz.de/10009703792

Effects of cross country fiscal interdependence on multipliers within a monetary union

Kunzmann, Vanessa - 2022

calibration results show that consumption multipliers to be small and negative. However, the output multiplier is positive and …

Persistent link: https://www.econbiz.de/10012887782

Estimating fiscal multipliers in the Eurozone : a nonlinear panel data approach

Perdichizzi, Salvatore - 2017

During the sovereign debt crisis, all euro countries have deployed "austerity packages", believing that they could regain the path of growth implementing structural reforms and cutting government spending. Such policies should have led to an initial decline in GDP followed by recovery and a...

Persistent link: https://www.econbiz.de/10011776481