Why Are Fiscal Multipliers Moderate Even Under Monetary Accommodation?
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Cited by:
- Christian Bayer & Benjamin Born & Ralph Luetticke, 2020.
"The Liquidity Channel of Fiscal Policy,"
CESifo Working Paper Series
8374, CESifo.
- Bayer, Christian & Born, Benjamin & Luetticke, Ralph, 2020. "The Liquidity Channel of Fiscal Policy," CEPR Discussion Papers 14883, C.E.P.R. Discussion Papers.
- Christian Bayer & Benjamin Born & Ralph Luetticke, 2021. "The Liquidity Channel of Fiscal Policy," ifo Working Paper Series 351, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
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More about this item
Keywords
Fiscal multiplier; monetary policy; real interest rates; liquidity premium; zero lower bound;All these keywords.
JEL classification:
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
- E63 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization; Treasury Policy
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBA-2021-04-05 (Central Banking)
- NEP-DGE-2021-04-05 (Dynamic General Equilibrium)
Statistics
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