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Public expenditure and consumption volatility
Herrera Aguilera, Santiago (contributor);  … - 2008
Persistent link: https://www.econbiz.de/10003745117
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Public Expenditure And Consumption Volatility
Herrera, Santiago - 2008
Recent estimates of the welfare cost of consumption volatility find that it is significant in developing nations, where … consumption volatility is of utmost relevance. Based on cross-country data for the period 1960-2005, the paper explains … consumption volatility using three sets of variables: one refers to the volatility of income and the persistence of income shocks …
Persistent link: https://www.econbiz.de/10010521126
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Public Expenditure and Consumption Volatility
Herrera, Santiago - 2016
Recent estimates of the welfare cost of consumption volatility find that it is significant in developing nations, where … consumption volatility is of utmost relevance. Based on cross-country data for the period 1960-2005, the paper explains … consumption volatility using three sets of variables: one refers to the volatility of income and the persistence of income shocks …
Persistent link: https://www.econbiz.de/10012747289
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In search of the transmission mechanism of fiscal policy
Perotti, Roberto - In: NBER macroeconomics annual 22 (2007), pp. 169-249
Persistent link: https://www.econbiz.de/10003824282
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In search of the transmission mechanism of fiscal policy
Perotti, Roberto - 2007
Most economists would agree that a hike in the federal funds rate will cause some slowdown in growth and inflation, and that the bulk of the empirical evidence is consistent with this statement. But perfectly reasonable economists can and do disagree even on the basic effects of a shock to...
Persistent link: https://www.econbiz.de/10003484845
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Effects of budgetary constraints on international tourism expenditures
Wang, Yu-shan - In: Tourism management : research, policies, practice 41 (2014), pp. 9-18
Persistent link: https://www.econbiz.de/10010240011
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Financial integration and macroeconomic volatility in Zimbabwe
Makoto, Richard - In: Journal of economics & development : JED 22 (2020) 2, pp. 229-248
Persistent link: https://www.econbiz.de/10012299120
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Fiscal stimulus and the extensive margin : conference paper
Lewis, Vivien; Winkler, Roland - 2013
Using VAR analysis on US data, we show that unanticipated fiscal expansions boost private consumption and business formation. Models with an extensive investment margin, i.e. endogenous firm and product entry, have difficulties explaining these two phenomena simultaneously. Considering different...
Persistent link: https://www.econbiz.de/10010339394
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Discretionary government consumption, private domestic demand, and crisis episodes
Agnello, Luca; Furceri, Davide; Sousa, Ricardo M. - In: Open economies review 24 (2013) 1, pp. 79-100
Persistent link: https://www.econbiz.de/10009737963
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Consumption and Keynesian Fiscal Policy
Schclarek, Alfredo - 2021
This paper empirically studies the effects of fiscal policy shocks on private consumption. Further, it tries to determine if the level of government bond yield and the unemployment rate affect that relationship. We use yearly data between 1970 and 2000 for thirty-eight countries, of which half...
Persistent link: https://www.econbiz.de/10013318911