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The matrix multiplier in open economies

Kazimir, Ildikó Ritzlné - In: Transformation in the light of theory and globalization …, (pp. 31-42). 2008

Persistent link: https://www.econbiz.de/10003772709

Effects of fiscal stimulus in structural models

Coenen, Günter; Erceg, Christopher; Freedman, Charles; … - 2010

Persistent link: https://www.econbiz.de/10003972701

Fiscal foresight, forecast revisions and the effects of government spending in the open economy

Gambetti, Luca - 2012

Persistent link: https://www.econbiz.de/10010376774

Economic openness and fiscal multipliers

Riguzzi, Marco - 2014

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 …

Persistent link: https://www.econbiz.de/10010405239

Utility functions, fiscal shocks and the open economy : in the search of a positive consumption multiplier

Wegmueller, Philipp - 2014 - This version: October 3, 2014

This paper analyzes the dynamic effects of a fiscal policy shock and its transmission mechanism in a small open economy and compares the responses under different specifications of the utility function. The traditional Mundell-Flemming model tells that fiscal policy is more effective under a peg...

Persistent link: https://www.econbiz.de/10010414839