Explaining the Effects of Government Spending Shocks on Consumption and the Real Exchange Rate
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- Morten O. Ravn & Stephanie Schmitt-Grohé & Martín Uribe, 2007. "Explaining the Effects of Government Spending Shocks on Consumption and the Real Exchange Rate," NBER Working Papers 13328, National Bureau of Economic Research, Inc.
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More about this item
Keywords
Countercyclical mark-ups; Deep habits; Government spending shocks; Real exchange rate movements;All these keywords.
JEL classification:
- E30 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - General (includes Measurement and Data)
- F42 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Policy Coordination and Transmission
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBA-2007-11-03 (Central Banking)
- NEP-MAC-2007-11-03 (Macroeconomics)
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