Research classified by Journal of Economic Literature (JEL) codes

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Top JEL
/ E: Macroeconomics and Monetary Economics
/ / E6: Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
/ / / E62: Fiscal Policy; Modern Monetary Theory

2012

• Wieland, Volker & Cwik, Tobias & Wolters, Maik & Müller, Gernot & Schmidt, Sebastian, 2012, "A New Comparative Approach to Macroeconomic Modeling and Policy Analysis," CEPR Discussion Papers, Centre for Economic Policy Research, number 8814, Feb.
• Kollmann, Robert & , & Roeger, Werner, 2012, "Fiscal Policy in a Financial Crisis: Standard Policy vs. Bank Rescue Measures," CEPR Discussion Papers, Centre for Economic Policy Research, number 8829, Feb.
• Giavazzi, Francesco & McMahon, Michael, 2012, "The Household Effects of Government Spending," CEPR Discussion Papers, Centre for Economic Policy Research, number 8846, Feb.
• Honkapohja, Seppo & Evans, George W. & Mitra, Kaushik, 2012, "Fiscal Policy and Learning," CEPR Discussion Papers, Centre for Economic Policy Research, number 8891, Mar.
• Honkapohja, Seppo & Evans, George W. & Mitra, Kaushik, 2012, "Policy Change and Learning in the RBC Model," CEPR Discussion Papers, Centre for Economic Policy Research, number 8892, Mar.
• Teulings, Coen & Bos, Frits, 2012, "The world?s oldest fiscal watchdog: CPB?s analyses foster consensus on economic policy," CEPR Discussion Papers, Centre for Economic Policy Research, number 8902, Mar.
• Carlin, Wendy, 2012, "Real exchange rate adjustment, wage-setting institutions, and fiscal stabilization policy: Lessons of the Eurozone?s first deca," CEPR Discussion Papers, Centre for Economic Policy Research, number 8918, Mar.
• Uribe, Martín & Schmitt-Grohé, Stephanie, 2012, "Prudential Policy for Peggers," CEPR Discussion Papers, Centre for Economic Policy Research, number 8961, May.
• Ravn, Morten & Mertens, Karel, 2012, "A Reconciliation of SVAR and Narrative Estimates of Tax Multipliers," CEPR Discussion Papers, Centre for Economic Policy Research, number 8973, May.
• Uribe, Martín & Schmitt-Grohé, Stephanie, 2012, "Managing Currency Pegs," CEPR Discussion Papers, Centre for Economic Policy Research, number 8983, May.
• Müller, Gernot & Born, Benjamin & Juessen, Falko, 2012, "Exchange rate regimes and fiscal multipliers," CEPR Discussion Papers, Centre for Economic Policy Research, number 8986, May.
• Kollintzas, Tryphon & Vassilatos, Vanghelis & Papageorgiou, Dimitris, 2012, "An Explanation of the Greek Crisis:"The Insiders - Outsiders Society"," CEPR Discussion Papers, Centre for Economic Policy Research, number 8996, May.
• Corsetti, Giancarlo & Müller, Gernot & Meier, André, 2012, "What Determines Government Spending Multipliers?," CEPR Discussion Papers, Centre for Economic Policy Research, number 9010, Mar.
• Taylor, John & Wieland, Volker & Cogan, John F. & Wolters, Maik, 2012, "Fiscal Consolidation Strategy," CEPR Discussion Papers, Centre for Economic Policy Research, number 9041, Jul.
• Beetsma, Roel & de Jong, Frank & Giuliodori, Massimo & Widijanto, Daniel, 2012, "Spread the News: How the Crisis Affected the Impact of News on the European Sovereign Bond Markets," CEPR Discussion Papers, Centre for Economic Policy Research, number 9043, Jul.
• Michaillat, Pascal, 2012, "A Theory of Countercyclical Government-Consumption Multiplier," CEPR Discussion Papers, Centre for Economic Policy Research, number 9052, Jul.
• Guner, Nezih & Ventura, Gustavo & Kaygusuz, Remzi, 2012, "Income Taxation of U.S. Households: Facts and Parametric Estimates," CEPR Discussion Papers, Centre for Economic Policy Research, number 9078, Aug.
• Perotti, Roberto & Monacelli, Tommas & Bilbiie, Florin, 2012, "Public Debt and Redistribution with Borrowing Constraints," CEPR Discussion Papers, Centre for Economic Policy Research, number 9088, Aug.
• Floden, Martin, 2012, "A Role Model for the Conduct of Fiscal Policy? Experiences from Sweden," CEPR Discussion Papers, Centre for Economic Policy Research, number 9095, Aug.
• Giavazzi, Francesco & Alesina, Alberto & Favero, Carlo A., 2012, "The output effect of fiscal consolidations," CEPR Discussion Papers, Centre for Economic Policy Research, number 9105, Aug.
• Uribe, Martín & Schmitt-Grohé, Stephanie, 2012, "The Case For Temporary Inflation in the Eurozone," CEPR Discussion Papers, Centre for Economic Policy Research, number 9133, Sep.
• Wickens, Michael R. & Polito, Vito, 2012, "Modelling the U.S. sovereign credit rating," CEPR Discussion Papers, Centre for Economic Policy Research, number 9150, Sep.
• Farmer, Roger, 2012, "Qualitative Easing: How it Works and Why it Matters," CEPR Discussion Papers, Centre for Economic Policy Research, number 9153, Sep.
• Kollmann, Robert & Int Veld, Jan & Roeger, Werner & Ratto, Marco, 2012, "Fiscal Policy, Banks and the Financial Crisis," CEPR Discussion Papers, Centre for Economic Policy Research, number 9175, Oct.
• Adam, Klaus, 2012, "Optimal Sovereign Default," CEPR Discussion Papers, Centre for Economic Policy Research, number 9178, Oct.
• , & Gonzalez-Eiras, Martin, 2012, "Economic and Politico-Economic Equivalence," CEPR Discussion Papers, Centre for Economic Policy Research, number 9203, Nov.
• Beetsma, Roel & Mavromatis, Konstantinos, 2012, "An Analysis of Eurobonds," CEPR Discussion Papers, Centre for Economic Policy Research, number 9244, Dec.
• Marcet, Albert & Scott, Andrew & Faraglia, Elisa & Oikonomou, Rigas, 2012, "The Impact of Debt Levels and Debt Maturity on Inflation," CEPR Discussion Papers, Centre for Economic Policy Research, number 9257, Dec.
• Stephane Auray & Aurelien Eyquem & Paul Gomme, 2012, "A Tale of Tax Policies in Open Economies," Working Papers, Concordia University, Department of Economics, number 12009, Apr.
• Stéphane Auray & Aurélien Eyquem & Paul Gomme, 2012, "A Tale of Tax Policies in Open Economies," Working Papers, Center for Research in Economics and Statistics, number 2012-32, Apr.
• Ortigueira, Salvador & Pereira, Joana & Pichler, Paul, 2012, "Markov-perfect optimal fiscal policy : the case of unbalanced budgets," UC3M Working papers. Economics, Universidad Carlos III de Madrid. Departamento de Economía, number we1230, Oct.
• Darong Dai, 2012, "Stochastic Versions of Turnpike Theorems in the Sense of Uniform Topology," Annals of Economics and Finance, Society for AEF, volume 13, issue 2, pages 381-423, November.
• Chan Wang & Heng-fu Zou, 2012, "On the efficiency of monetary and fiscal policy in open economies," CEMA Working Papers, China Economics and Management Academy, Central University of Finance and Economics, number 534, Feb.
• Farmer, Roger E. A. & Plotnikov, Dmitry, 2012, "Does Fiscal Policy Matter? Blinder And Solow Revisited," Macroeconomic Dynamics, Cambridge University Press, volume 16, issue S1, pages 149-166, April.
• Zhang, Yan & Chen, Yan, 2012, "Tariff And Equilibrium Indeterminacy: A Global Analysis," Macroeconomic Dynamics, Cambridge University Press, volume 16, issue S3, pages 394-410, November.
• Gabriela DOBROTA & Maria Felicia CHIRCULESCU, 2012, "Analysis of the Tax Burden in Romania based on the Laffer Curve in the Period 1991-2009," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 1, pages 63-68.
• Cagri Seda Kumru & John Piggott, 2012, "Optimal Capital Income Taxation with Means-tested Benefits," DEGIT Conference Papers, DEGIT, Dynamics, Economic Growth, and International Trade, number c017_019, Sep.
• Simone Salotti & Carmine Trecroci, 2012, "Even Worse than You thought: The Impact of Public Debt on Aggregate Investment and Productivity," DEGIT Conference Papers, DEGIT, Dynamics, Economic Growth, and International Trade, number c017_020, Sep.
• Marco Airaudo, 2012, "Complex Stock Price Dynamics and Recurrent Bubbles under the Spirit of Capitalism," DEGIT Conference Papers, DEGIT, Dynamics, Economic Growth, and International Trade, number c017_036, Sep.
• Eugenia Vella & Evangelos V. Dioikitopoulos & Sarantis Kalyvitis, 2012, "Green Spending Reforms, Growth and Welfare with Endogenous Subjective Discounting," DEGIT Conference Papers, DEGIT, Dynamics, Economic Growth, and International Trade, number c017_045, Sep.
• Stefan Bach, 2012, "Capital Levies: A Step Towards Improving Public Finances in Europe," DIW Economic Bulletin, DIW Berlin, German Institute for Economic Research, volume 2, issue 8, pages 3-11.
• Stefan Bach, 2012, "Abbau der kalten Progression: nicht die einzige Herausforderung beim Einkommensteuertarif," DIW Wochenbericht, DIW Berlin, German Institute for Economic Research, volume 79, issue 12, pages 17-21.
• Stefan Bach, 2012, "Vermögensabgaben: ein Beitrag zur Sanierung der Staatsfinanzen in Europa," DIW Wochenbericht, DIW Berlin, German Institute for Economic Research, volume 79, issue 28, pages 3-11.
• Mechthild Schrooten, 2012, "Japan: gesamtwirtschaftliche Erholung bei hoher Staatsverschuldung," DIW Wochenbericht, DIW Berlin, German Institute for Economic Research, volume 79, issue 32, pages 3-6.
• Karl Brenke, 2012, "Mechanismen zur Harmonisierung der Konjunkturverläufe in der Eurozone: eine skeptische Sicht," DIW Wochenbericht, DIW Berlin, German Institute for Economic Research, volume 79, issue 44, pages 17-21.
• Abdulmajeed Al-Batuly & Mohamed Al-Hawri & Martin Cicowiez & Hans Lofgren & Mohammad Pournik, 2012, "Achieving the MDGs in Yemen. An Assessment," CEDLAS, Working Papers, CEDLAS, Universidad Nacional de La Plata, number 0131, Apr.
• Balázs Égert, 2012, "Fiscal Policy Reaction to the Cycle in the OECD: Pro- or Counter-cyclical?," EconomiX Working Papers, University of Paris Nanterre, EconomiX, number 2012-12.
• Giovanni Dosi & Giorgio Fagiolo & Mauro Napoletano & Andrea Roventini, 2012, "Income Distribution, Credit and Fiscal Policies in an Agent-Based Keynesian Model," EconomiX Working Papers, University of Paris Nanterre, EconomiX, number 2012-5.
• Sayantan Ghosh Dastidar & Sushil Mohan & Monojit Chatterji, 2012, "The relationship between public education expenditure and economic growth: The case of India," Dundee Discussion Papers in Economics, Economic Studies, University of Dundee, number 273, Dec.
• Alberto Alesina & Guido Cozzi & Noemi Mantovan, 2012, "The Evolution of Ideology, Fairness and Redistribution," Department of Economics Working Papers, Durham University, Department of Economics, number 2012_05, Apr.
• Masahiro Kawai & Peter J. Morgan, 2012, "Japan’s Post-Triple-Disaster Growth Strategy," Development Economics Working Papers, East Asian Bureau of Economic Research, number 23327, Aug.
• Masahiro Kawai & Peter J. Morgan, 2012, "Japan’s Post-Triple-Disaster Growth Strategy," Macroeconomics Working Papers, East Asian Bureau of Economic Research, number 23327, Aug.
• Vranceanu, Radu & Besancenot, Damien, 2012, "The spending multiplier in a time of massive public debt : the euro area case," ESSEC Working Papers, ESSEC Research Center, ESSEC Business School, number WP1209, Feb, revised 11 Feb 2012.
• Robert Kollmann & Werner Roeger & Jan in'tVeld, 2012, "Fiscal Policy in a Financial Crisis: Standard Policy vs. Bank Rescue Measures," Working Papers ECARES, ULB -- Universite Libre de Bruxelles, number ECARES 2012-006, Jan.
• Robert Kollmann & Werner Roeger & Jan in'tVeld, 2012, "Fiscal Policy in a Financial Crisis: Standard Policy vs. Bank Rescue Measure," Working Papers ECARES, ULB -- Universite Libre de Bruxelles, number ECARES 2012-008, Feb.
• Robert Kollmann & Marco Ratto & Werner Roeger & Jan in'tVeld, 2012, "Fiscal Policy, Banks and the Financial Crisis," Working Papers ECARES, ULB -- Universite Libre de Bruxelles, number ECARES 2012-034, Oct.
• Robert Shelburne, 2012, "Restoring Stability to Europe," ECE Discussion Papers Series, UNECE, number 2012_3, Jul.
• Alberto Alesina & Guido Cozzi & Noemi Mantovan, 2012, "The Evolution of Ideology, Fairness and Redistribution," Economic Journal, Royal Economic Society, volume 122, issue 565, pages 1244-1261, December, DOI: j.1468-0297.2012.02541.x.
• Frankel, Jeffrey A. & Vegh, Carlos A. & Vuletin, Guillermo, 2012, "On Graduation from Fiscal Procyclicality," Working Paper Series, Harvard University, John F. Kennedy School of Government, number rwp12-011, Apr.
• Frankel, Jeffrey A. & Schreger, Jesse, 2012, "Over-Optimistic Official Forecasts in the Eurozone and Fiscal Rules," Working Paper Series, Harvard University, John F. Kennedy School of Government, number rwp12-041, Sep.
• Ngai, Victor, 2012, "Stability and Growth Pact and Fiscal Discipline in the Eurozone," Working Papers, University of Pennsylvania, Wharton School, Weiss Center, number 12-10, May.
• Raj Chetty, 2012, "Bounds on Elasticities With Optimization Frictions: A Synthesis of Micro and Macro Evidence on Labor Supply," Econometrica, Econometric Society, volume 80, issue 3, pages 969-1018, May, DOI: ECTA9043.
• Zheng Song & Kjetil Storesletten & Fabrizio Zilibotti, 2012, "Rotten Parents and Disciplined Children: A Politico‐Economic Theory of Public Expenditure and Debt," Econometrica, Econometric Society, volume 80, issue 6, pages 2785-2803, November, DOI: ECTA8910.
• Antonino Buscemi & Alem Hagos Yallwe, 2012, "Fiscal Deficit, National Saving and Sustainability of Economic Growth in Emerging Economies: A Dynamic GMM Panel Data Approach," International Journal of Economics and Financial Issues, Econjournals, volume 2, issue 2, pages 126-140.
• Weonho Yang & Jan Fidrmuc & Sugata Ghosh, 2012, "Macroeconomic Effects of Government Spending Shocks: New Evidence Using Natural Distaster Relief in Korea," CEDI Discussion Paper Series, Centre for Economic Development and Institutions(CEDI), Brunel University, number 12-05, Sep.
• Angelopoulos, Konstantinos & Malley, James & Philippopoulos, Apostolis, 2012, "Optimal taxation and the skill premium," SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE), number 2012-03.
• Bi, Huixin & Leeper, Eric M. & Leith, Campbell, 2012, "Uncertain Fiscal Consolidations," SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE), number 2012-09.
• Mitra, Kaushik & Evans, George W. & Honkapohja, Seppo, 2012, "Fiscal Policy and Learning," SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE), number 2012-10.
• Kontonikas, Alexandros & Arghyrou, Michael G. & Afonso, António, 2012, "The determinants of sovereign bond yield spreads in the EMU," SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE), number 2012-88.
• Darby, Julia & Melitz, Jacques, 2012, "Joint estimates of automatic and discretionary fiscal policy: the OECD 1981-2003," SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE), number 2012-81.
• Leith, Campbell & Wren-Lewis, Simon, 2012, "Fiscal Sustainability in a New Keynesian Model," SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE), number 2012-84.
• Morgan, Peter J., 2012, "The role of macroeconomic policy in rebalancing growth," Journal of Asian Economics, Elsevier, volume 23, issue 1, pages 13-25, DOI: 10.1016/j.asieco.2011.08.009.
• Brückner, Markus, 2012, "An instrumental variables approach to estimating tax revenue elasticities: Evidence from Sub-Saharan Africa," Journal of Development Economics, Elsevier, volume 98, issue 2, pages 220-227, DOI: 10.1016/j.jdeveco.2011.07.006.
• Ambler, Steve & Guay, Alain & Phaneuf, Louis, 2012, "Endogenous business cycle propagation and the persistence problem: The role of labor-market frictions," Journal of Economic Dynamics and Control, Elsevier, volume 36, issue 1, pages 47-62, DOI: 10.1016/j.jedc.2011.07.003.
• Svec, Justin, 2012, "Optimal fiscal policy with robust control," Journal of Economic Dynamics and Control, Elsevier, volume 36, issue 3, pages 349-368, DOI: 10.1016/j.jedc.2011.08.013.
• Gervais, Martin, 2012, "On the optimality of age-dependent taxes and the progressive U.S. tax system," Journal of Economic Dynamics and Control, Elsevier, volume 36, issue 4, pages 682-691, DOI: 10.1016/j.jedc.2011.11.011.
• Linnemann, Ludger & Schabert, Andreas, 2012, "Optimal government spending with labor market frictions," Journal of Economic Dynamics and Control, Elsevier, volume 36, issue 5, pages 795-811, DOI: 10.1016/j.jedc.2012.02.001.
• Demirel, Ufuk Devrim, 2012, "The value of monetary policy commitment under imperfect fiscal credibility," Journal of Economic Dynamics and Control, Elsevier, volume 36, issue 6, pages 813-829, DOI: 10.1016/j.jedc.2012.02.006.
• Huber, Jürgen & Kleinlercher, Daniel & Kirchler, Michael, 2012, "The impact of a financial transaction tax on stylized facts of price returns—Evidence from the lab," Journal of Economic Dynamics and Control, Elsevier, volume 36, issue 8, pages 1248-1266, DOI: 10.1016/j.jedc.2012.03.011.
• Claeys, Peter & Moreno, Rosina & Suriñach, Jordi, 2012, "Debt, interest rates, and integration of financial markets," Economic Modelling, Elsevier, volume 29, issue 1, pages 48-59, DOI: 10.1016/j.econmod.2011.05.009.
• Stähler, Nikolai & Thomas, Carlos, 2012, "FiMod — A DSGE model for fiscal policy simulations," Economic Modelling, Elsevier, volume 29, issue 2, pages 239-261, DOI: 10.1016/j.econmod.2011.10.001.
• Greiner, Alfred, 2012, "Public debt in a basic endogenous growth model," Economic Modelling, Elsevier, volume 29, issue 4, pages 1344-1348, DOI: 10.1016/j.econmod.2012.03.005.
• Narayan, Seema & Rath, Badri Narayan & Narayan, Paresh Kumar, 2012, "Evidence of Wagner's law from Indian states," Economic Modelling, Elsevier, volume 29, issue 5, pages 1548-1557, DOI: 10.1016/j.econmod.2012.05.004.
• Fernández-de-Córdoba, Gonzalo & Torres, José L., 2012, "Fiscal harmonization in the European Union with public inputs," Economic Modelling, Elsevier, volume 29, issue 5, pages 2024-2034, DOI: 10.1016/j.econmod.2012.04.016.
• Bilancini, Ennio & D'Alessandro, Simone, 2012, "Long-run welfare under externalities in consumption, leisure, and production: A case for happy degrowth vs. unhappy growth," Ecological Economics, Elsevier, volume 84, issue C, pages 194-205, DOI: 10.1016/j.ecolecon.2011.10.023.
• Daude, Christian, 2012, "Sovereign default risk and volatility," Economics Letters, Elsevier, volume 114, issue 1, pages 47-50, DOI: 10.1016/j.econlet.2011.09.004.
• Aksoy, Yunus & Melina, Giovanni, 2012, "An empirical investigation of US fiscal expenditures and macroeconomic outcomes," Economics Letters, Elsevier, volume 114, issue 1, pages 64-68, DOI: 10.1016/j.econlet.2011.09.017.
• Reicher, Christopher Phillip, 2012, "An estimated fiscal Taylor Rule for the postwar United States," Economics Letters, Elsevier, volume 114, issue 3, pages 319-321, DOI: 10.1016/j.econlet.2011.10.020.
• Cuberes, David & Mountford, Andrew, 2012, "Fiscal policy institutions and history," Economics Letters, Elsevier, volume 115, issue 3, pages 392-395, DOI: 10.1016/j.econlet.2011.12.062.
• Abbott, Andrew & Jones, Philip, 2012, "Intergovernmental transfers and procyclical public spending," Economics Letters, Elsevier, volume 115, issue 3, pages 447-451, DOI: 10.1016/j.econlet.2011.12.104.
• Ojede, Andrew & Yamarik, Steven, 2012, "Tax policy and state economic growth: The long-run and short-run of it," Economics Letters, Elsevier, volume 116, issue 2, pages 161-165, DOI: 10.1016/j.econlet.2012.02.023.
• Cantore, Cristiano & Levine, Paul & Melina, Giovanni & Yang, Bo, 2012, "A fiscal stimulus with deep habits and optimal monetary policy," Economics Letters, Elsevier, volume 117, issue 1, pages 348-353, DOI: 10.1016/j.econlet.2012.05.051.
• Xing, Jing, 2012, "Tax structure and growth: How robust is the empirical evidence?," Economics Letters, Elsevier, volume 117, issue 1, pages 379-382, DOI: 10.1016/j.econlet.2012.05.054.
• Caggiano, Giovanni & Greco, Luciano, 2012, "Fiscal and financial determinants of Eurozone sovereign spreads," Economics Letters, Elsevier, volume 117, issue 3, pages 774-776, DOI: 10.1016/j.econlet.2012.08.041.
• Abbott, Andrew & Jones, Philip, 2012, "Budget deficits and social protection: Cyclical government expenditure in the OECD," Economics Letters, Elsevier, volume 117, issue 3, pages 909-911, DOI: 10.1016/j.econlet.2012.07.011.
• Beetsma, Roel & Giuliodori, Massimo & Hanson, Jesper, 2012, "Budgetary consolidation under different exchange rate regimes," Economics Letters, Elsevier, volume 117, issue 3, pages 912-916, DOI: 10.1016/j.econlet.2012.07.010.
• Gonzalez-Eiras, Martín & Niepelt, Dirk, 2012, "Ageing, government budgets, retirement, and growth," European Economic Review, Elsevier, volume 56, issue 1, pages 97-115, DOI: 10.1016/j.euroecorev.2011.05.007.
• Riedl, Arno & van Winden, Frans, 2012, "Input versus output taxation in an experimental international economy," European Economic Review, Elsevier, volume 56, issue 2, pages 216-232, DOI: 10.1016/j.euroecorev.2011.09.002.
• Kriwoluzky, Alexander, 2012, "Pre-announcement and timing: The effects of a government expenditure shock," European Economic Review, Elsevier, volume 56, issue 3, pages 373-388, DOI: 10.1016/j.euroecorev.2011.10.005.
• Bi, Huixin, 2012, "Sovereign default risk premia, fiscal limits, and fiscal policy," European Economic Review, Elsevier, volume 56, issue 3, pages 389-410, DOI: 10.1016/j.euroecorev.2011.11.001.
• Polito, Vito & Wickens, Mike, 2012, "A model-based indicator of the fiscal stance," European Economic Review, Elsevier, volume 56, issue 3, pages 526-551, DOI: 10.1016/j.euroecorev.2011.12.003.
• Daniel, Betty C. & Shiamptanis, Christos, 2012, "Fiscal risk in a monetary union," European Economic Review, Elsevier, volume 56, issue 6, pages 1289-1309, DOI: 10.1016/j.euroecorev.2012.04.004.
• Checherita-Westphal, Cristina & Rother, Philipp, 2012, "The impact of high government debt on economic growth and its channels: An empirical investigation for the euro area," European Economic Review, Elsevier, volume 56, issue 7, pages 1392-1405, DOI: 10.1016/j.euroecorev.2012.06.007.
• Kumru, Cagri S. & Tran, Chung, 2012, "Temptation and social security in a dynastic framework," European Economic Review, Elsevier, volume 56, issue 7, pages 1422-1445, DOI: 10.1016/j.euroecorev.2012.07.006.
• Afonso, António & Martins, Manuel M.F., 2012, "Level, slope, curvature of the sovereign yield curve, and fiscal behaviour," Journal of Banking & Finance, Elsevier, volume 36, issue 6, pages 1789-1807, DOI: 10.1016/j.jbankfin.2012.02.004.
• Wieland, Volker & Cwik, Tobias & Müller, Gernot J. & Schmidt, Sebastian & Wolters, Maik, 2012, "A new comparative approach to macroeconomic modeling and policy analysis," Journal of Economic Behavior & Organization, Elsevier, volume 83, issue 3, pages 523-541, DOI: 10.1016/j.jebo.2012.01.006.
• Alonso-Carrera, Jaime & Caballé, Jordi & Raurich, Xavier, 2012, "Fiscal policy, composition of intergenerational transfers, and income distribution," Journal of Economic Behavior & Organization, Elsevier, volume 84, issue 1, pages 62-84, DOI: 10.1016/j.jebo.2012.07.013.
• Reis, Catarina, 2012, "Social discounting and incentive compatible fiscal policy," Journal of Economic Theory, Elsevier, volume 147, issue 6, pages 2469-2482, DOI: 10.1016/j.jet.2012.09.001.
• Hughes Hallett, Andrew & Di Bartolomeo, Giovanni & Acocella, Nicola, 2012, "A general theory of controllability and expectations anchoring for small-open economies," Journal of International Money and Finance, Elsevier, volume 31, issue 2, pages 397-411, DOI: 10.1016/j.jimonfin.2011.12.001.
• Bernoth, Kerstin & Erdogan, Burcu, 2012, "Sovereign bond yield spreads: A time-varying coefficient approach," Journal of International Money and Finance, Elsevier, volume 31, issue 3, pages 639-656, DOI: 10.1016/j.jimonfin.2011.10.006.
• Maltritz, Dominik, 2012, "Determinants of sovereign yield spreads in the Eurozone: A Bayesian approach," Journal of International Money and Finance, Elsevier, volume 31, issue 3, pages 657-672, DOI: 10.1016/j.jimonfin.2011.10.010.
• Bernoth, Kerstin & von Hagen, Jürgen & Schuknecht, Ludger, 2012, "Sovereign risk premiums in the European government bond market," Journal of International Money and Finance, Elsevier, volume 31, issue 5, pages 975-995, DOI: 10.1016/j.jimonfin.2011.12.006.
• Dávila, Julio, 2012, "The taxation of capital returns in overlapping generations models," Journal of Macroeconomics, Elsevier, volume 34, issue 2, pages 441-453, DOI: 10.1016/j.jmacro.2011.12.010.
• Papageorgiou, Dimitris, 2012, "Fiscal policy reforms in general equilibrium: The case of Greece," Journal of Macroeconomics, Elsevier, volume 34, issue 2, pages 504-522, DOI: 10.1016/j.jmacro.2011.12.008.
• Juessen, Falko & Linnemann, Ludger, 2012, "Markups and fiscal transmission in a panel of OECD countries," Journal of Macroeconomics, Elsevier, volume 34, issue 3, pages 674-686, DOI: 10.1016/j.jmacro.2012.05.005.
• Cimadomo, Jacopo & Bénassy-Quéré, Agnès, 2012, "Changing patterns of fiscal policy multipliers in Germany, the UK and the US," Journal of Macroeconomics, Elsevier, volume 34, issue 3, pages 845-873, DOI: 10.1016/j.jmacro.2012.02.006.
• Gabrieli, Tommaso, 2012, "Inequality, Intergenerational Mobility and Redistributive Policies under Endogenous Information," The Journal of Economic Asymmetries, Elsevier, volume 9, issue 1, pages 23-49, DOI: 10.1016/j.jeca.2012.01.002.
• Escario, Regina & Gadea, María Dolores & Sabaté, Marcela, 2012, "Multicointegration, seigniorage and fiscal sustainability. Spain 1857–2000," Journal of Policy Modeling, Elsevier, volume 34, issue 2, pages 270-283, DOI: 10.1016/j.jpolmod.2011.09.001.
• El Anshasy, Amany A. & Bradley, Michael D., 2012, "Oil prices and the fiscal policy response in oil-exporting countries," Journal of Policy Modeling, Elsevier, volume 34, issue 5, pages 605-620, DOI: 10.1016/j.jpolmod.2011.08.021.
• Abo-Zaid, Salem & Tuzemen, Didem, 2012, "Inflation Targeting: A three-decade perspective," Journal of Policy Modeling, Elsevier, volume 34, issue 5, pages 621-645, DOI: 10.1016/j.jpolmod.2011.08.004.
• Theofilakou, Nancy & Stournaras, Yannis, 2012, "Current account adjustments in OECD countries revisited: The role of the fiscal stance," Journal of Policy Modeling, Elsevier, volume 34, issue 5, pages 719-734, DOI: 10.1016/j.jpolmod.2011.12.001.
• Maravalle, Alessandro & Claeys, Peter, 2012, "Boom–bust cycles and procyclical fiscal policy in a small open economy," Journal of Policy Modeling, Elsevier, volume 34, issue 5, pages 735-754, DOI: 10.1016/j.jpolmod.2012.01.011.
• Wadud, I.K.M. Mokhtarul & Bashar, Omar H.M.N. & Ahmed, Huson Joher Ali, 2012, "Monetary policy and the housing market in Australia," Journal of Policy Modeling, Elsevier, volume 34, issue 6, pages 849-863, DOI: 10.1016/j.jpolmod.2012.06.002.
• Guner, Nezih & Kaygusuz, Remzi & Ventura, Gustavo, 2012, "Taxing women: A macroeconomic analysis," Journal of Monetary Economics, Elsevier, volume 59, issue 1, pages 111-128, DOI: 10.1016/j.jmoneco.2011.10.004.
• Bachmann, Rüdiger & Sims, Eric R., 2012, "Confidence and the transmission of government spending shocks," Journal of Monetary Economics, Elsevier, volume 59, issue 3, pages 235-249, DOI: 10.1016/j.jmoneco.2012.02.005.
• Oh, Hyunseung & Reis, Ricardo, 2012, "Targeted transfers and the fiscal response to the great recession," Journal of Monetary Economics, Elsevier, volume 59, issue S, pages 50-64, DOI: 10.1016/j.jmoneco.2012.10.025.
• Rockey, James, 2012, "Reconsidering the fiscal effects of constitutions," European Journal of Political Economy, Elsevier, volume 28, issue 3, pages 313-323, DOI: 10.1016/j.ejpoleco.2012.01.005.
• Karagianni, Stella & Pempetzoglou, Maria & Saraidaris, Anastasios, 2012, "Tax burden distribution and GDP growth: Non-linear causality considerations in the USA," International Review of Economics & Finance, Elsevier, volume 21, issue 1, pages 186-194, DOI: 10.1016/j.iref.2011.06.002.
• Ahmad, A.H. & Pentecost, Eric J., 2012, "Identifying aggregate supply and demand shocks in small open economies: Empirical evidence from African countries," International Review of Economics & Finance, Elsevier, volume 21, issue 1, pages 272-291, DOI: 10.1016/j.iref.2011.08.004.
• Lai, Ching-Chong & Liao, Chih-Hsing, 2012, "Optimal nonlinear income taxation with productive government expenditure," International Review of Economics & Finance, Elsevier, volume 22, issue 1, pages 66-77, DOI: 10.1016/j.iref.2011.08.009.
• Carrère, Céline & de Melo, Jaime, 2012, "Fiscal Spending and Economic Growth: Some Stylized Facts," World Development, Elsevier, volume 40, issue 9, pages 1750-1761, DOI: 10.1016/j.worlddev.2012.04.011.
• Marga Peeters & Loek Groot, 2012, "Demographic Pressure in the European Union," EERI Research Paper Series, Economics and Econometrics Research Institute (EERI), Brussels, number EERI_RP_2012_11, Jul.
• Francesco Giavazzi & Michael McMahon, 2012, "The Household Effects of Government Spending," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2012-02, Feb.
• Rod Tyers, 2012, "Looking Inward for Transformative Growth in China," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2012-15, Mar.
• Ippei Fujiwara & Kozo Ueda, 2012, "The Fiscal Multiplier and Spillover in a Global Liquidity Trap," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2012-17, Apr.
• Cagri Seda Kumru & John Piggott, 2012, "Optimal Capital Income Taxation with Means-tested Benefits," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2012-21, Jun.
• Andrew Hughes Hallett & Moritz Kuhn & Thomas Warmedinger, 2012, "The gains from early intervention in Europe: Fiscal surveillance and fiscal planning using cash data," European Journal of Government and Economics, Europa Grande, volume 1, issue 1, pages 44-65, June.
• Michaillat, Pascal, 2012, "Fiscal multipliers over the business cycle," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 121750, Jan.
• Giavazzi, Francesco & Mcmahon, Michael, 2012, "The household effects of government spending," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 121754, Feb.
• Michaillat, Pascal, 2012, "A theory of countercyclical government-consumption multiplier," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 54277, Jun.
• António Portugal Duarte & João Sousa Andrade, 2012, "The Portuguese Public Finances and the Spanish Horse," EcoMod2012, EcoMod, number 3718, Jul.
• Javier J. Perez & Rossana Merola, 2012, "Fiscal forecast errors: governments vs independent agencies?," EcoMod2012, EcoMod, number 4694, Jul.
• Gabriel Caldas Montes & Rômulo do Couto Alves, 2012, "Teoria das finanças funcionais e o papel da política fiscal: uma crítica pós-keynesiana ao novo consenso macroeconômico," Brazilian Journal of Political Economy, FGV EAESP, volume 32, issue 4, pages 670-688, October.
• Toralf Pusch, 2012, "Fiscal spending multiplier calculations based on input-output tables – an application to EU member states," European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, volume 9, issue 1, pages 129-144.
• Thomas I. Palley, 2012, "The simple macroeconomics of fiscal austerity: Public debt,deficits and deficit caps," European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, volume 9, issue 1, pages 91-108.
• Toichiro Asada, 2012, "Modeling financial instability," European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, volume 9, issue 2, pages 215-232.
• Hassan Bougrine, 2012, "Fiscal austerity, the Great Recession and the rise of new dictatorships," Review of Keynesian Economics, Edward Elgar Publishing, volume 1, issue 0, pages 109-125.
• Aldo Barba & Massimo Pivetti, 2012, "Distribution and accumulation in post-1980 advanced capitalism," Review of Keynesian Economics, Edward Elgar Publishing, volume 1, issue 0, pages 126-142.
• Alfredo Calcagno, 2012, "Can austerity work?," Review of Keynesian Economics, Edward Elgar Publishing, volume 1, issue 0, pages 24-36.
• Gennaro Zezza, 2012, "The impact of fiscal austerity in the Eurozone," Review of Keynesian Economics, Edward Elgar Publishing, volume 1, issue 0, pages 37-54.
• Sebastian Dullien, 2012, "Is new always better than old? On the treatment of fiscal policy in Keynesian models," Review of Keynesian Economics, Edward Elgar Publishing, volume 1, issue 0, pages 5-23.
• Laurence Seidman, 2012, "Keynesian stimulus versus classical austerity," Review of Keynesian Economics, Edward Elgar Publishing, volume 1, issue 0, pages 77-92.
• Philip Arestis, 2012, "Fiscal policy: a strong macroeconomic role," Review of Keynesian Economics, Edward Elgar Publishing, volume 1, issue 0, pages 93-108.
• Panadés, Judith, 2012, "Tasa impositiva única y cumplimiento fiscal," El Trimestre Económico, Fondo de Cultura Económica, volume 79, issue 314, pages .311-332, abril-jun, DOI: http://dx.doi.org/10.20430/ete.v79i.
• Víctor Gerardo Carreón Rodríguez & Juan Rosellón, 2012, "Oil and Gas in Mexico," Working Papers, CIDE, División de Economía, number DTE 540, Dec.
• Eiji Okano & Masataka Eguchi & Hiroshi Gunji & Tomomi Miyazaki, 2012, "Optimal Monetary Policy in an Estimated Local Currency Pricing Model," Advances in Econometrics, Emerald Group Publishing Limited, "DSGE Models in Macroeconomics: Estimation, Evaluation, and New Developments", DOI: 10.1108/S0731-9053(2012)0000028005.
• Dean Baker, 2012, "First Time Underwater: The Impact of the First-time Homebuyer Tax Credit," CEPR Reports and Issue Briefs, Center for Economic and Policy Research (CEPR), number 2012-13, Apr.
• Dean Baker, 2012, "Attacking the Treasury View, Again," CEPR Reports and Issue Briefs, Center for Economic and Policy Research (CEPR), number 2012-17, Jun.
• Klaus Schmidt-Hebbel, 2012, "Fiscal Institutions in Resource-Rich Economies: Lessons from Chile and Norway," Working Papers, Economic Research Forum, number 682, revised 2012.
• Sotirios Theodoropoulos, 2012, "Borrowing Cost as a Crucial Factor for Sustainable Fiscal Consolidation & for Exiting the Current Crisis," European Research Studies Journal, European Research Studies Journal, volume 0, issue 1, pages 141-154.
• Giovanni MELINA & Stefania VILLA, 2012, "Fiscal policy and lending relationships," Working Papers of Department of Economics, Leuven, KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven, number ces12.06, May.
• Jan in't Veld & Martin Larch & Marieke Vandeweyer, 2012, "Automatic Fiscal Stabilisers: What they are and what they do," Working Papers of VIVES - Research Centre for Regional Economics, KU Leuven, Faculty of Economics and Business (FEB), VIVES - Research Centre for Regional Economics, number 29.
• Jan in’t Veld & Martin Larch & Marieke Vandeweyer, 2012, "Automatic Fiscal Stabilisers: What they are and what they do," Working Papers of VIVES - Research Centre for Regional Economics, KU Leuven, Faculty of Economics and Business (FEB), VIVES - Research Centre for Regional Economics, number 546211.
• Real Arai & Junji Ueda, 2012, "A Numerical Evaluation on a Sustainable Size of Primary Deficit in Japan," KIER Working Papers, Kyoto University, Institute of Economic Research, number 823, Jun.
• L. Randall Wray, 2012, "Imbalances? What Imbalances? A Dissenting View," Economics Working Paper Archive, Levy Economics Institute, number wp_704, Jan.
• Pavlina R. Tcherneva, 2012, "What Do Poor Women Want? Public Employment or Cash Transfers? Lessons from Argentina," Economics Working Paper Archive, Levy Economics Institute, number wp_705, Feb.
• Pavlina R. Tcherneva, 2012, "Inflationary and Distributional Effects of Alternative Fiscal Policies: An Augmented Minskyan-Kaleckian Model," Economics Working Paper Archive, Levy Economics Institute, number wp_706, Feb.
• L. Randall Wray, 2012, "The Euro Crisis and the Job Guarantee: A Proposal for Ireland," Economics Working Paper Archive, Levy Economics Institute, number wp_707, Feb.
• Robert Dubois, 2012, "The European Central Bank and Why Things Are the Way They Are: A Historic Monetary Policy Pivot Point and Moment of (Relative) Clarity," Economics Working Paper Archive, Levy Economics Institute, number wp_710, Mar.
• Pavlina R. Tcherneva, 2012, "Reorienting Fiscal Policy after the Great Recession," Economics Working Paper Archive, Levy Economics Institute, number wp_719, May.
• Greg Hannsgen, 2012, "Fiscal Policy, Unemployment Insurance, and Financial Crises in a Model of Growth and Distribution," Economics Working Paper Archive, Levy Economics Institute, number wp_723, May.
• L. Randall Wray, 2012, "A Meme for Money," Economics Working Paper Archive, Levy Economics Institute, number wp_736, Nov.
• Robert J. Barbera & Gerald Holtham, 2012, "ECB Worries/European Woes: The Economic Consequences of Parochial Policy," Economics Working Paper Archive, Levy Economics Institute, number wp_742, Dec.
• Lekha S. Chakraborty, 2012, "Interest Rate Determination in India: Empirical Evidence on Fiscal Deficit--Interest Rate Linkages and Financial Crowding Out," Economics Working Paper Archive, Levy Economics Institute, number wp_744, Dec.
• Lana Soelistianingsih, 2012, "The Indonesian Government Debt Transformation," Economics and Finance in Indonesia, Faculty of Economics and Business, University of Indonesia, volume 60, pages 49-76, April.
• Latif Adam, 2012, "The Roles and Problems of Infrastructure in lndonesia," Economics and Finance in Indonesia, Faculty of Economics and Business, University of Indonesia, volume 60, pages 105-126, April.
• Markus Leibrecht & Johann Scharler, 2012, "Government Size and Business Cycle Volatility; How Important Are Credit Constraints?," Working Paper Series in Economics, University of Lüneburg, Institute of Economics, number 237, Apr.
• Bernd Hayo & Florian Neumeier, 2012, "Leaders’ Impact on Public Spending Priorities: The Case of the German Laender," MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung), number 201209.
• Bernd Hayo & Matthias Uhl, 2012, "Regional Effects of Federal Tax Shocks," MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung), number 201217.
• Zamanzadeh, Hamid & Jalali Naini, Ahmad Reza, 2012, "Fiscal dominance and fiscal policy in Iranian economy: A Dynamic Stochastic General Equilibrium approach," Journal of Monetary and Banking Research (فصلنامه پژوهش‌های پولی-بانکی), Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, volume 5, issue 13, pages 1-34, December.
• George W. Evans & Seppo Honkapohja & Kaushik Mitra, 2012, "Does Ricardian Equivalence Hold When Expectations Are Not Rational?," Journal of Money, Credit and Banking, Blackwell Publishing, volume 44, issue 7, pages 1259-1283, October, DOI: j.1538-4616.2012.00531.x.
• Benjamin Born & Gernot J. M√Úller, 2012, "Government Spending Shocks in Quarterly and Annual Time Series," Journal of Money, Credit and Banking, Blackwell Publishing, volume 44, issue , pages 507-517, March, DOI: j.1538-4616.2011.00498.x.
• Cesar Sosa-Padilla, 2012, "Sovereign Defaults and Banking Crises," Department of Economics Working Papers, McMaster University, number 2012-09, Sep, revised Aug 2015.
• Atsumasa Kondo, 2012, "A Note on Public-Debt Sustainability in an Economy with Declining Fertility," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, volume 68, issue 2, pages 153-164, June, DOI: 10.1628/001522108X639963.
• Zoltán Szalai, 2012, "A crisis of crisis management? Debates over fiscal adjustments in the European Monetary Union," MNB Bulletin (discontinued), Magyar Nemzeti Bank (Central Bank of Hungary), volume 7, issue 3, pages 57-66, October.
• Lee, Sang Yoon Tim, 2012, "Entrepreneurs, Managers and Inequality," Working Papers, University of Mannheim, Department of Economics, number 12-15.
• Adam, Klaus & Grill, Michael, 2012, "Optimal sovereign default," Working Papers, University of Mannheim, Department of Economics, number 12-16.