The OECD just published its November 2016 Global Economic Outlook. Its projections suggest an acceleration of global growth rates in particular in countries with plans for a fiscal expansion. In the ...
When appearing before their political masters, central bankers, invariably, urge them to adopt an expansionary fiscal policy. Ben Bernanke, and now his successor, Janet Yellen have pleaded with ...
Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation Empirical (employing the Blanchard-Perotti framework) and modeling (using a country-specific DSGE model) approaches are ...
2024 JUL 26 (NewsRx) -- By a News Reporter-Staff News Editor at Economics Daily Report -- New research on Economics - Economics and Statistics is the subject of a report. According to news reporting ...
This is a preview. Log in through your library . Abstract Standard business cycle models have difficulties generating large, state-dependent fiscal multipliers. Employing a model of costly financial ...
Journal of Money, Credit and Banking, Vol. 50, No. 4 (June 2018), pp. 789-815 (27 pages) This paper examines whether fiscal stimuli are more effective when the monetary policy is less responsive to ...
This paper estimates the “jobs multiplier” of fiscal stimulus spending using the state-level allocations of federal stimulus funds from the American Recovery and Reinvestment Act (ARRA) of 2009.
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