The Different Crowd Out Effects Of Tax Cut And Spending Deficits
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Benjamin M. Friedman, 1978. "Crowding Out or Crowding In? Economic Consequences of Financing Government Deficits," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 9(3), pages 593-641.
- Andrew Mountford & Harald Uhlig, 2009.
"What are the effects of fiscal policy shocks?,"
Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 24(6), pages 960-992.
- Mountford, A.W. & Uhlig, H.F.H.V.S., 2002. "What are the Effects of Fiscal Policy Shocks?," Other publications TiSEM af6a2f09-0045-471e-bba4-b, Tilburg University, School of Economics and Management.
- Andrew Mountford & Harald Uhlig, 2008. "What are the Effects of Fiscal Policy Shocks?," NBER Working Papers 14551, National Bureau of Economic Research, Inc.
- Uhlig, Harald & Mountford, Andrew, 2002. "What are the Effects of Fiscal Policy Shocks?," CEPR Discussion Papers 3338, C.E.P.R. Discussion Papers.
- Andrew Mountford & Harald Uhlig, 2005. "What are the Effects of Fiscal Policy Shocks?," SFB 649 Discussion Papers SFB649DP2005-039, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany.
- Mountford, A.W. & Uhlig, H.F.H.V.S., 2002. "What are the Effects of Fiscal Policy Shocks?," Discussion Paper 2002-31, Tilburg University, Center for Economic Research.
- William G. Gale & Peter R. Orszag, 2004. "Budget Deficits, National Saving, and Interest Rates," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 35(2), pages 101-210.
- Olivier Blanchard & Roberto Perotti, 2002.
"An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output,"
The Quarterly Journal of Economics, Oxford University Press, vol. 117(4), pages 1329-1368.
- Olivier Blanchard & Roberto Perotti, 1999. "An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output," NBER Working Papers 7269, National Bureau of Economic Research, Inc.
- Davide Furceri & Ricardo M. Sousa, 2009. "The Impact of Government Spending on the Private Sector: Crowding-out versus Crowding-in Effects"," NIPE Working Papers 6/2009, NIPE - Universidade do Minho.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Xu, Kun & Xu, Wenli, 2015. "中国政府消费支出对经济波动的传导机理分析 [Study on Influential Mechanism Between Government Expenditure of Consumption and Economic Fluctuation]," MPRA Paper 70994, University Library of Munich, Germany, revised Dec 2015.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- John J. Heim, 2016. "Do government stimulus programs have different effects in recessions, or by type of tax or spending program?," Empirical Economics, Springer, vol. 51(4), pages 1333-1368, December.
- Luca Agnello & Davide Furceri & Ricardo M. Sousa, 2011.
"Fiscal Policy Discretion, Private Spending, and Crisis Episodes,"
NIPE Working Papers
31/2011, NIPE - Universidade do Minho.
- Agnello, L. & Furceri, D. & R.M, Sousa., 2011. "Fiscal Policy Discretion, Private Spending, and Crisis Episodes," Working papers 354, Banque de France.
- Luca Agnello & Davide Furceri & Ricardo Sousa, 2013. "Discretionary Government Consumption, Private Domestic Demand, and Crisis Episodes," Open Economies Review, Springer, vol. 24(1), pages 79-100, February.
- OSENI Isiaq Olasunkanmi, 2015. "Fiscal Policy Shocks and Private Consumption in Nigeria: Blanchard-Perotti (2002) Approach," Journal of Economics and Behavioral Studies, AMH International, vol. 7(6), pages 42-60.
- Ross Guest & Anthony Makin, 2013. "Special Issue. Guest Editor: Zhihao Yu," Review of Development Economics, Wiley Blackwell, vol. 17(3), pages 609-626, August.
- Ross Guest & Anthony J Makin, 2012.
"Fiscal stimulus: an overlapping generations analysis,"
Economic Issues Journal Articles, Economic Issues, vol. 17(2), pages 1-25, September.
- Ross Guest & Anthony J Makin, 2011. "Fiscal stimulus: An overlapping generations analysis," Discussion Papers in Economics economics:201102, Griffith University, Department of Accounting, Finance and Economics.
- Agnello, Luca & Furceri, Davide & Sousa, Ricardo M., 2013. "How best to measure discretionary fiscal policy? Assessing its impact on private spending," Economic Modelling, Elsevier, vol. 34(C), pages 15-24.
- Jocelyn Boussard & Francisco de Castro & Matteo Salto, 2012.
"Fiscal Multipliers and Public Debt Dynamics in Consolidations,"
European Economy - Economic Papers 2008 - 2015
460, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
- Jocelyn Boussard & Francisco de Castro & Matteo Salto, 2013. "Fiscal Multipliers and Public Debt Dynamics in Consolidations," Post-Print hal-02353150, HAL.
- Gonzalez-Hernandez, Ramon A. & Karayalcin, Cem, 2013. "Habit formation, adjustment costs, and international transmission of fiscal policy," Journal of International Money and Finance, Elsevier, vol. 32(C), pages 341-359.
- Mr. Alejandro D Guerson, 2013. "The Composition of Fiscal Consolidation Matters: Policy Simulations for Hungary," IMF Working Papers 2013/207, International Monetary Fund.
- International Monetary Fund, 2013. "Hungary: Selected Issues Paper," IMF Staff Country Reports 2013/086, International Monetary Fund.
- Deepankar Basu, 2009. "The Paradox of Thrift and Crowding-In of Private Investment in a Simple IS-LM Model," UMASS Amherst Economics Working Papers 2009-14, University of Massachusetts Amherst, Department of Economics.
- Anton Muscatelli & Patrizio Tirelli & Carmine Trecroci, 2001.
"Monetary and Fiscal Policy Interactions over the Cycle: Some Empirical Evidence,"
Working Papers
2002_13, Business School - Economics, University of Glasgow, revised Oct 2002.
- Anton Muscatelli & Patrizio Tirelli & Carmine Trecroci, 2002. "Monetary and Fiscal Policy Interactions over the Cycle: Some Empirical Evidence," CESifo Working Paper Series 817, CESifo.
- Michal Franta, 2012. "Macroeconomic Effects of Fiscal Policy in the Czech Republic: Evidence Based on Various Identification Approaches in a VAR Framework," Working Papers 2012/13, Czech National Bank.
- Francisco de Castro, 2006.
"The macroeconomic effects of fiscal policy in Spain,"
Applied Economics, Taylor & Francis Journals, vol. 38(8), pages 913-924.
- Francisco de Castro, 2003. "The macroeconomic effects of fiscal policy in Spain," Working Papers 0311, Banco de España.
- Candelon, Bertrand & Lieb, Lenard, 2013.
"Fiscal policy in good and bad times,"
Journal of Economic Dynamics and Control, Elsevier, vol. 37(12), pages 2679-2694.
- Candelon, B. & Lieb, L.M., 2011. "Fiscal policy in good and bad times," Research Memorandum 001, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
- repec:hal:wpspec:info:hdl:2441/2525 is not listed on IDEAS
- Karel Mertens & Morten O. Ravn, 2012.
"Empirical Evidence on the Aggregate Effects of Anticipated and Unanticipated US Tax Policy Shocks,"
American Economic Journal: Economic Policy, American Economic Association, vol. 4(2), pages 145-181, May.
- Karel Mertens & Morten O. Ravn, 2010. "Empirical Evidence on the Aggregate Effects of Anticipated and Unanticipated US Tax Policy Shocks," NBER Chapters, in: Fiscal Policy (Trans-Atlantic Public Economics Seminar, TAPES), pages 145-181, National Bureau of Economic Research, Inc.
- Ravn, Morten & Mertens, Karel, 2009. "Empirical Evidence on the Aggregate Effects of Anticipated and Unanticipated U.S. Tax Policy Shocks," CEPR Discussion Papers 7370, C.E.P.R. Discussion Papers.
- Karel Mertens & Morten Ravn, 2010. "Empirical Evidence on the Aggregate Effects of Anticipated and Unanticipated U.S. Tax Policy Shocks," NBER Working Papers 16289, National Bureau of Economic Research, Inc.
- Karel Mertens & Morten O. Ravn, 2009. "Empirical evidence on the aggregate effects of anticipated and unanticipated US tax policy shocks," Working Paper Research 181, National Bank of Belgium.
- Andrew Mountford & Harald Uhlig, 2009.
"What are the effects of fiscal policy shocks?,"
Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 24(6), pages 960-992.
- Mountford, A.W. & Uhlig, H.F.H.V.S., 2002. "What are the Effects of Fiscal Policy Shocks?," Other publications TiSEM af6a2f09-0045-471e-bba4-b, Tilburg University, School of Economics and Management.
- Andrew Mountford & Harald Uhlig, 2005. "What are the Effects of Fiscal Policy Shocks?," SFB 649 Discussion Papers SFB649DP2005-039, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany.
- Uhlig, Harald & Mountford, Andrew, 2002. "What are the Effects of Fiscal Policy Shocks?," CEPR Discussion Papers 3338, C.E.P.R. Discussion Papers.
- Mountford, A.W. & Uhlig, H.F.H.V.S., 2002. "What are the Effects of Fiscal Policy Shocks?," Discussion Paper 2002-31, Tilburg University, Center for Economic Research.
- Andrew Mountford & Harald Uhlig, 2008. "What are the Effects of Fiscal Policy Shocks?," NBER Working Papers 14551, National Bureau of Economic Research, Inc.
- Javier Andrés & José Emilio Boscá & Javier Ferri, 2011.
"Household Leverage and Fiscal Multipliers,"
Working Papers
1103, International Economics Institute, University of Valencia.
- Javier Andrés & José Boscá & Francisco Ferri, 2012. "Household leverage and fiscal multipliers," Working Papers 1215, Banco de España.
- Stephen Nicar, 2015.
"International Spillovers from U.S. Fiscal Policy Shocks,"
Open Economies Review, Springer, vol. 26(5), pages 1081-1097, November.
- Nicar, Stephen, 2014. "International spillovers from U.S. fiscal policy shocks," MPRA Paper 63214, University Library of Munich, Germany.
More about this item
Keywords
Consumption; Investment; Deficits; Savings; Crowd Out Stimulus;All these keywords.
JEL classification:
- C50 - Mathematical and Quantitative Methods - - Econometric Modeling - - - General
- C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
- E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
- E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
- E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eaa:aeinde:v:12:y:2012:i:2_8. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: M. Carmen Guisan (email available below). General contact details of provider: http://www.usc.es/economet/eaa.htm .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.