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Fiscal policy and aggregate demand in the USA before, during, and following the Great Recession

Cashin, David; Lenney, Jamie; Lutz, Byron F.; Peterman, … - In: International tax and public finance 25 (2018) 6, pp. 1519-1558

Persistent link: https://www.econbiz.de/10012033578

Fiscal policy and aggregate demand in the U.S. before, during and following the Great Recession

Cashin, David; Lenney, Jamie; Lutz, Byron F.; Peterman, … - 2017

We examine the effect of federal and subnational fiscal policy on aggregate demand in the U.S. by introducing the fiscal effect (FE) measure. FE can be decomposed into three components. Discretionary FE quantifies the effect of discretionary or legislated policy changes on aggregate demand....

Persistent link: https://www.econbiz.de/10011709630

The model of production determination through multipliers of expenditure : a supraeconomic review

Pérez, Pedro Pablo; Mata, Leovardo - In: The empirical economics letters : a monthly … 19 (2020) 8, pp. 855-870

Persistent link: https://www.econbiz.de/10012597215

Zero lower bound (ZLB) economics : the fallacy of New Keynesian explanations of stagnation

Palley, Thomas I. - 2016 - Revised January 2016

This paper explores zero lower bound (ZLB) economics. The ZLB is widely invoked to explain stagnation and it fits with … Erklärung für ökonomische Stagnationen angeführt und fügt sich in eine lange Tradition, wonach der Keynesianismus einen …

Persistent link: https://www.econbiz.de/10011433395

Hysteresis and the New Consensus three-equation model : a Post-Keynesian amendment

Barbosa Filho, Nelson Holanda - In: Review of Keynesian economics 10 (2022) 1, pp. 109-122

Persistent link: https://www.econbiz.de/10013172455

A fiscal paradox and post-Keynesian economics : a comment on Palley

Michl, Thomas R. - In: Review of Keynesian economics 2 (2014) 1, pp. 108-115

Persistent link: https://www.econbiz.de/10010248906

Government expenditure and economic growth : a post-Keynesian analysis

Parui, Pintu - In: International review of applied economics 35 (2021) 3/4, pp. 597-625

Persistent link: https://www.econbiz.de/10012590086

On the macroeconomic implications of firm dynamics, banking, and reputation

Totzek, Alexander - 2011

Since the publication of Keynes' "General Theory of Employment, Interest, and Money" in 1936 many new ideas and solution concepts for macroeconomic problems emerged, disappeared, and were combined in order to appropriately describe macroeconomic phenomena. Nowadays, New Keynesian frameworks are...

Persistent link: https://www.econbiz.de/10008907265

How powerful are fiscal multipliers in recessions?

Auerbach, Alan J.; Gorodnichenko, Yuriy - In: NBER reporter online (2015) 2, pp. 21-24

Persistent link: https://www.econbiz.de/10011369709

The government spending multiplier in a deep recession

Roulleau-Pasdeloup, Jordan - 2016 - This version : November 16, 2016

Persistent link: https://www.econbiz.de/10011564107