The Fiscal Smile: The Effectiveness and Limits of Fiscal Stabilizers
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- Maria Silgoner & Jesus Crespo Cuaresma & Gerhard Reitschuler, 2004. "The fiscal smile - on the effectiveness and limits of fiscal stabilizers," Money Macro and Finance (MMF) Research Group Conference 2003 87, Money Macro and Finance Research Group.
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- Ignacio Lozano & Jorge Toro, 2007.
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- Ignacio Lozano & Jorge Toro, 2007. "Fiscal Policy Throughout the Cycle: The Colombian Experience," Borradores de Economia 2730, Banco de la Republica.
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More about this item
Keywords
WP; government; nonwage government consumption; Fiscal Stabilizers; Business Cycle Volatility; Nonlinearity; government size; government strength variable; power indices; strength indicator; cyclical volatility; adjusted government expenditure; expenditure side; unadjusted government expenditure series; government expenditure side; wage government consumption; government strength indicator; Business cycles; Automatic stabilizers; Production growth; Europe;All these keywords.
JEL classification:
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
- 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
- C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
NEP fields
This paper has been announced in the following NEP Reports:- NEP-MAC-2004-04-25 (Macroeconomics)
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