multiplier. It presents a New Open Economy Macroeconomics model which is extended with the formation of 'deep habits' by … producers to move their markups counter-cyclically and generates a positive fiscal multiplier of private consumption. The main … outcome is a mechanism elaborating that both openness to trade and exchange rate exibility limit the fiscal multiplier in …

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. …

fiscal multiplier. It presents a New Open Economy Macroeconomics model which is extended with the formation of "deep habits … competitive producers to move their markups counter-cyclically and generates a positive fiscal multiplier of private consumption … multiplier in equilibrium, and that capital mobility increases the fiscal multiplier in the short run. This dynamic model differs …

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. …

between multiplier size and the import share. Employing an interacted panel VAR model for EU countries, we estimate the effect …

This study investigated the change of government spending multiplier when switching from managed exchange rate regime … to the floating exchange rate regime for emerging countries. It was found that on-impact multiplier in floating exchange … spending multiplier was estimated for Russia. The study was conducted with the use of panel SVAR and DSGE models …

multiplier. It presents a New Open Economy Macroeconomics model which is extended with the formation of 'deep habits' by … producers to move their markups counter-cyclically and generates a positive fiscal multiplier of private consumption. The main … outcome is a mechanism elaborating that both openness to trade and exchange rate exibility limit the fiscal multiplier in …

budget multiplier. Results show that in highly unequal economies the maximum net increase in output and expenditure comes …