Results 31 to 40 of about 61,206 (353)
Economic Openness and Fiscal Multipliers [PDF]
International Economic Journal, 2016 ABSTRACTRecent empirical findings attribute a central role to the degree of economic openness to determine the size of the fiscal multiplier. See, for instance, Ilzetzki et al. (2013) [How big (small?) are fiscal multipliers? Journal of Monetary Economics, 60(2), 239–254].
Marco Riguzzi, Philipp Wegmueller
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Household Leverage and Fiscal Multipliers [PDF]
SSRN Electronic Journal, 2012 We study the size of fiscal multipliers in response to a government spending shock under different household leverage conditions in a general equilibrium setting with search and matching frictions. We allow for different levels of household indebtedness by changing the intensive margin of borrowing (loan-to-value ratio), as well as the extensive margin,
Javier Andrés +2 more
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Estimation of Government Spending Multiplier in EU Economies
Naše Gospodarstvo, 2019 The aim of this paper is to estimate government consumption multiplier and to examine the effect of various characteristics of countries on the size of fiscal multiplier. We apply a panel VAR model following Ilzetzki et al.
Senekovič Marko +2 more
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Le multiplicateur budgétaire endogène au cycle dans un modèle macroéconomique post-keynésien
Revue de la Régulation, 2020 This article proposes a synthesis and additional explanations to the concept of state-dependent fiscal multiplier. Recently, several studies have shown that this multiplier is endogenous to the level of economic activity, increasing during recessions and
Sébastien Charles
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An analysis of the effect of fiscal expenditure on the income distribution of Chilean households
Journal of Economic Structures, 2023 This study analyzes the effect of government spending on income distribution in Chile for 2016 using a multiplier model with the Social Accounting Matrix. The results indicate that increasing fiscal expenditure has a regressive effect on the income share
Nicolas Garrido, Jeffrey Morales
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Mundell-Fleming Model: The Effectiveness of Indonesia’s Fiscal and Monetary Policies
JEJAK: Jurnal Ekonomi dan Kebijakan, 2017 This study examines the fiscal and monetary policy in Indonesia using the Mundell-Fleming model. The main objective of this study was to determine which policies are effective between fiscal and monetary policies of the national income in Indonesia ...
Nurjannah Rahayu K, Phany Ineke Putri
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Credit and Fiscal Multipliers in China [PDF]
IMF Working Papers, 2017 We jointly estimate credit and fiscal multipliers in China. We use the tenure of the provincial party secretary, interacted with the type of stimulus used in other provinces, to obtain separate instruments for provincial credit and government expenditure. We estimate a fiscal multiplier of 0.8 and a credit multiplier of 0.2 in 2001-2015.
Chen, Sophia +2 more
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, 2019 We measure the size of the fiscal multiplier using a heterogeneous agents model with incomplete markets, capital and rigid prices and wages. This environment captures all elements that are considered essential for a quantitative analysis. First, output is (partially) demand determined due to pricing frictions in product and labor markets, so that a ...
Marcus Hagedorn +2 more
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Risks, 2020 The COVID-19 pandemic has caused a significant slowdown in the development of almost all economies in the world. In this context, the main goal of this research is to try to present changes in the value of fiscal, investment and export multipliers as a ...
Arkadiusz J. Derkacz
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Estimating the Fiscal Multipliers in Iran\'s Economy: An Application for Structural Vector Autoregressive and Markov switching models [PDF]
پژوهشهای اقتصادی, 2019 With regard to the role of fiscal policy in reducing the financial crises, determining the magnitude of the fiscal policy multiplier after the 2007-2008 global crisis became one of the most challenging issues in the field of fiscal policy.
Hassan Khodavaisi +1 more
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