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. While the concentration of technology improvements in traded industries increases the government spending multiplier on … government spending multiplier on non-traded hours worked. Our quantitative analysis shows that a semi-small open economy model …
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The paper assesses, using seven structural models used heavily by policymaking institutions, the effectiveness of temporary fiscal stimulus. Models can, more easily than empirical studies, account for differences between fiscal instruments, for differences between structural characteristics of...
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between multiplier size and the import share. Employing an interacted panel VAR model for EU countries, we estimate the effect …
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