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Comment on "What Fiscal Policy is Effective at Zero Interest Rates?"

In: NBER Macroeconomics Annual 2010, volume 25

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  • Lawrence J. Christiano

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  • Lawrence J. Christiano, 2011. "Comment on "What Fiscal Policy is Effective at Zero Interest Rates?"," NBER Chapters, in: NBER Macroeconomics Annual 2010, volume 25, pages 113-124, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberch:12028
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    References listed on IDEAS

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    1. Lawrence Christiano & Martin Eichenbaum & Sergio Rebelo, 2011. "When Is the Government Spending Multiplier Large?," Journal of Political Economy, University of Chicago Press, vol. 119(1), pages 78-121.
    2. Jordi Galí & J. David López-Salido & Javier Vallés, 2007. "Understanding the Effects of Government Spending on Consumption," Journal of the European Economic Association, MIT Press, vol. 5(1), pages 227-270, March.
    3. Erceg, Christopher J. & Henderson, Dale W. & Levin, Andrew T., 2000. "Optimal monetary policy with staggered wage and price contracts," Journal of Monetary Economics, Elsevier, vol. 46(2), pages 281-313, October.
    4. Christiano, Lawrence J. & Trabandt, Mathias & Walentin, Karl, 2010. "DSGE Models for Monetary Policy Analysis," Handbook of Monetary Economics, in: Benjamin M. Friedman & Michael Woodford (ed.), Handbook of Monetary Economics, edition 1, volume 3, chapter 7, pages 285-367, Elsevier.
    5. Frank Smets & Rafael Wouters, 2007. "Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach," American Economic Review, American Economic Association, vol. 97(3), pages 586-606, June.
    6. Lawrence J. Christiano, 2010. "Comment on Eggertsson, \"What fiscal policy is effective at zero interest rates?\"," FRB Atlanta CQER Working Paper 2010-06, Federal Reserve Bank of Atlanta.
    7. Hansen, Lars Peter & Singleton, Kenneth J, 1983. "Stochastic Consumption, Risk Aversion, and the Temporal Behavior of Asset Returns," Journal of Political Economy, University of Chicago Press, vol. 91(2), pages 249-265, April.
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    Cited by:

    1. Horvath, Roman & Kaszab, Lorant & Marsal, Ales & Rabitsch, Katrin, 2020. "Determinants of fiscal multipliers revisited," Journal of Macroeconomics, Elsevier, vol. 63(C).

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