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Citations for "How Big (Small?) are Fiscal Multipliers?"

by Ethan Ilzetzki & Enrique G. Mendoza & Carlos A. Végh Gramont

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  1. Cho, Dooyeon & Rhee, Dong-Eun, 2013. "Nonlinear effects of government debt on private consumption: Evidence from OECD countries," Economics Letters, Elsevier, vol. 121(3), pages 504-507.
  2. Milan Deskar-Škrbić & Hrvoje Šimović & Tomislav Ćorić, 2013. "Effects of Fiscal Policy in a Small Open Economy: Evidence of Croatia," EFZG Working Papers Series 1302, Faculty of Economics and Business, University of Zagreb.
  3. Chowdhury, Mohammad Tarequl Hasan & Bhattacharya, Prasad Sankar & Mallick, Debdulal & Ulubaşoğlu, Mehmet Ali, 2016. "Exchange rate regimes and fiscal discipline: The role of trade openness," International Review of Economics & Finance, Elsevier, vol. 45(C), pages 106-128.
  4. Huixin Bi & Wenyi Shen & Susan S. Yang, 2014. "Fiscal Limits, External Debt, and Fiscal Policy in Developing Countries," IMF Working Papers 14/49, International Monetary Fund.
  5. Nitika Bagaria & Dawn Holland & John Van Reenen, 2012. "Fiscal Consolidation During a Depression," National Institute Economic Review, National Institute of Economic and Social Research, vol. 221(1), pages 42-54, July.
  6. Giancarlo Corsetti & Michael P. Devereux & Luigi Guiso & John Hassler & Gilles Saint-Paul & Hans-Werner Sinn & Jan-Egbert Sturm & Xavier Vives, 2010. "Chapter 3: From Fiscal Rescue to Global Debt," EEAG Report on the European Economy, CESifo Group Munich, vol. 0, pages 71-100, 02.
  7. Vetlov, Igor & Ferdinandusse, Marien & de Jong, Jasper & Funda, Josip, 2017. "The effect of public investment in Europe: a model-based assessment," Working Paper Series 2021, European Central Bank.
  8. Ashima Goyal & Bhavyaa Sharma, 2015. "Government expenditure in India: Composition, cyclicality and multipliers," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2015-032, Indira Gandhi Institute of Development Research, Mumbai, India.
  9. Salvatore Perdichizzi, 2017. "Estimating Fiscal multipliers in the Eurozone. A Nonlinear Panel Data Approach," DISCE - Working Papers del Dipartimento di Economia e Finanza def058, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
  10. Òscar Jordà & Moritz Schularick & Alan M. Taylor, 2016. "Sovereigns Versus Banks: Credit, Crises, And Consequences," Journal of the European Economic Association, European Economic Association, vol. 14(1), pages 45-79, 02.
  11. Sanz Labrador, Ismael & Sanz-Sanz, José Félix, 2013. "Política fiscal y crecimiento económico: consideraciones microeconómicas y relaciones macroeconómicas," Macroeconomía del Desarrollo 134, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
  12. Bénétrix, Agustín & Lane, Philip R., 2010. "International Differences in Fiscal Policy During the Global Crisis," CEPR Discussion Papers 8009, C.E.P.R. Discussion Papers.
  13. Søren Ravn & Morten Spange, 2014. "The Effects of Fiscal Policy in a Small Open Economy with a Fixed Exchange Rate," Open Economies Review, Springer, vol. 25(3), pages 451-476, July.
  14. Joshua Aizenman & Yothin Jinjarak, 2011. "The Fiscal Stimulus of 2009-10: Trade Openness, Fiscal Space and Exchange Rate Adjustment," NBER Working Papers 17427, National Bureau of Economic Research, Inc.
  15. Stanova, Nadja, 2015. "Fiscal discretion, growth and output volatility in new EU member countries," MPRA Paper 63946, University Library of Munich, Germany.
  16. Riera-Crichton, Daniel & Vegh, Carlos A. & Vuletin, Guillermo, 2015. "Procyclical and countercyclical fiscal multipliers: Evidence from OECD countries," Journal of International Money and Finance, Elsevier, vol. 52(C), pages 15-31.
  17. Antonella Cavallo & Antonio Ribba, 2017. "Measuring the Effects of Oil Price and Euro-area Shocks on CEECs Business Cycles," Department of Economics 0111, University of Modena and Reggio E., Faculty of Economics "Marco Biagi".
  18. Lilia Cavallari & Simone Romano, 2016. "Foresight And The Macroeconomic Impact Of Fiscal Policy: Evidence For France, Germany And Italy," Working Papers 0216, CREI Università degli Studi Roma Tre, revised 2016.
  19. Şen, Hüseyin & Kaya, Ayşe, 2015. "Growth enhancing effect of discretionary fiscal policy shocks: Keynesian, Weak Keynesian or Non-Keynesian?," MPRA Paper 65976, University Library of Munich, Germany, revised 05 Aug 2015.
  20. Philipp Heimberger, 2017. "Did fiscal consolidation cause the double-dip recession in the euro area?," Review of Keynesian Economics, Edward Elgar Publishing, vol. 5(3), pages 439-458, July.
  21. International Monetary Fund, 2015. "Former Yugoslav Republic of Macedonia; Selected Issues," IMF Staff Country Reports 15/243, International Monetary Fund.
  22. repec:agr:journl:v:xxiv:y:2017:i:2(611):p:99-110 is not listed on IDEAS
  23. Milan Deskar Škrbić & Hrvoje Šimović, 2015. "The size and determinants of fiscal multipliers in Western Balkans: comparing Croatia, Slovenia and Serbia," EFZG Working Papers Series 1510, Faculty of Economics and Business, University of Zagreb.
  24. Matthew Canzoneri & Fabrice Collard & Harris Dellas & Behzad Diba, 2012. "Withering Government Spending Multipliers," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 44, pages 185-210, December.
  25. repec:kap:iaecre:v:18:y:2012:i:1:p:74-86 is not listed on IDEAS
  26. Jia, Bijie & Kim, Hyeongwoo, 2015. "Government Spending Shocks and Private Activity: The Role of Sentiments," MPRA Paper 66263, University Library of Munich, Germany.
  27. MAO TAKONGMO, Charles Olivier, 2016. "Government spending, GDP and exchange rate in Zero Lower Bound: measuring causality at multiple horizons," MPRA Paper 79703, University Library of Munich, Germany, revised 02 Jun 2017.
  28. Fabian Gunzinger & Jan-Egbert Sturm, 2016. "It's Politics, Stupid! Political Constraints Determined Governments' Reactions to the Great Recession," Kyklos, Wiley Blackwell, vol. 69(4), pages 584-603, November.
  29. Jonathan A. Parker, 2011. "On Measuring the Effects of Fiscal Policy in Recessions," Journal of Economic Literature, American Economic Association, vol. 49(3), pages 703-718, September.
  30. Miroslav Klucik, 2015. "Fiscal Adjustment in Slovakia: Findings from a Medium-Scale Econometric Model," Working Papers Working Paper No. 1/2015, Council for Budget Responsibility.
  31. Bernardo Guimaraes & Caio Machado & Marcel Ribeiro, 2016. "A Model of the Confidence Channel of Fiscal Policy," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 48(7), pages 1363-1395, October.
  32. Matthias Uhl, 2014. "State Fiscal Policies and Regional Economic Activity," MAGKS Papers on Economics 201446, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
  33. Sylvain Leduc & Daniel Wilson, 2013. "Roads to Prosperity or Bridges to Nowhere? Theory and Evidence on the Impact of Public Infrastructure Investment," NBER Macroeconomics Annual, University of Chicago Press, vol. 27(1), pages 89-142.
  34. Keränen, Henri & Kuusi, Tero, 2016. "The EU’s Fiscal Targets and Their Economic Impact in Finland," ETLA Working Papers 33, The Research Institute of the Finnish Economy.
  35. Jesús Fernández-Villaverde & Pablo Guerrón-Quintana & Juan F Rubio-Ramírez, 2014. "Supply-Side Policies and the Zero Lower Bound," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 62(2), pages 248-260, June.
  36. Paweł Borys & Piotr Ciżkowicz & Andrzej Rzońca, 2014. "Panel Data Evidence on the Effects of Fiscal Policy Shocks in the EU New Member States," Fiscal Studies, Institute for Fiscal Studies, vol. 35, pages 189-224, 06.
  37. Antonio Acconcia & Giancarlo Corsetti & Saverio Simonelli, 2014. "Mafia and Public Spending: Evidence on the Fiscal Multiplier from a Quasi-experiment," American Economic Review, American Economic Association, vol. 104(7), pages 2185-2209, July.
  38. Guimarães, Bernardo de Vasconcellos & Ladeira, Carlos Eduardo de Almeida, 2015. "The determinants of IMF fiscal conditionalities: economics or politics?," Textos para discussão 391, FGV/EESP - Escola de Economia de São Paulo, Getulio Vargas Foundation (Brazil).
  39. Channarith Meng & Roberto Leon Gonzalez, 2017. "Credit Booms in Developing Countries: Are They Different from Those in Advanced and Emerging Market Countries?," Open Economies Review, Springer, vol. 28(3), pages 547-579, July.
  40. José Osler Alzate Mahecha, 2013. "Sudden stops in emerging markets: How to minimize their impact on GDP?," DOCUMENTOS CEDE 010547, UNIVERSIDAD DE LOS ANDES-CEDE.
  41. Ignacio Lozano & Ligia Alba Melo B. & Jorge Enrique Ramos F., 2012. "Flujos de capital y política fiscal en las economías emergentes de América Latina," Borradores de Economia 702, Banco de la Republica de Colombia.
  42. Riera-Crichton, Daniel & Vegh, Carlos A. & Vuletin, Guillermo, 2016. "Tax multipliers: Pitfalls in measurement and identification," Journal of Monetary Economics, Elsevier, vol. 79(C), pages 30-48.
  43. Puonti, Päivi, 2016. "Fiscal multipliers in a structural VEC model with mixed normal errors," Journal of Macroeconomics, Elsevier, vol. 48(C), pages 144-154.
  44. Aart Kraay, 2014. "Government Spending Multipliers in Developing Countries: Evidence from Lending by Official Creditors," American Economic Journal: Macroeconomics, American Economic Association, vol. 6(4), pages 170-208, October.
  45. Valdivia Coria, Joab Dan, 2016. "“Acelerador financiero, impacto del precio del gas”
    [“Financial accelerator, oil price impact "]
    ," MPRA Paper 78784, University Library of Munich, Germany.
  46. Ricco, Giovanni & Callegari, Giovanni & Cimadomo, Jacopo, 2016. "Signals from the government: Policy disagreement and the transmission of fiscal shocks," Journal of Monetary Economics, Elsevier, vol. 82(C), pages 107-118.
  47. Jacquinot, Pascal & Clancy, Daragh & Lozej, Matija, 2014. "The effects of government spending in a small open economy within a monetary union," Working Paper Series 1727, European Central Bank.
  48. Melecky, Ales & Melecky, Martin, 2011. "Analyzing the Impact of Macroeconomic Shocks on Public Debt Dynamics: An Application to the Czech Republic," MPRA Paper 34114, University Library of Munich, Germany.
  49. Markus Leibrecht & Johann Scharler, 2015. "Government Size and Business Cycle Volatility: How Important are Credit Constraints?," Economica, London School of Economics and Political Science, vol. 82(326), pages 201-221, 04.
  50. Oriol Carreras & Simon Kirby & Iana Liadze & Rebecca Piggott, 2016. "Fiscal Policy Spillovers," NIESR Discussion Papers 468, National Institute of Economic and Social Research.
  51. Alan J. Auerbach & Yuriy Gorodnichenko, 2012. "Fiscal Multipliers in Recession and Expansion," NBER Chapters,in: Fiscal Policy after the Financial Crisis, pages 63-98 National Bureau of Economic Research, Inc.
  52. Ryan Niladri Banerjee & Fabrizio Zampolli, 2016. "What drives the short-run costs of fiscal consolidation? Evidence from OECD countries," BIS Working Papers 553, Bank for International Settlements.
  53. Pablo Hernández de Cos & Enrique Moral-Benito, 2016. "Fiscal multipliers in turbulent times: the case of Spain," Empirical Economics, Springer, vol. 50(4), pages 1589-1625, June.
  54. Albrecht Ritschl, 2012. "Reparations, deficits, and debt default: the Great Depression in Germany," Economic History Working Papers 44335, London School of Economics and Political Science, Department of Economic History.
  55. Oh, Hyunseung & Reis, Ricardo, 2012. "Targeted transfers and the fiscal response to the great recession," Journal of Monetary Economics, Elsevier, vol. 59(S), pages 50-64.
  56. Jorda, Oscar & Schularick, Moritz & Taylor, Alan M., 2017. "Large and State-Dependent Effects of Quasi-Random Monetary Experiments," Working Paper Series 2017-2, Federal Reserve Bank of San Francisco.
  57. Aleš Melecký & Martin Melecký, 2012. "Vliv makroekonomických šoků na dynamiku vládního dluhu: jak robustní je fiskální pozice České republiky?
    [The Impact of Macroeconomic Shocks on the Government Debt Dynamics: How Robust is the Fisca
    ," Politická ekonomie, University of Economics, Prague, vol. 2012(6), pages 723-742.
  58. Virén, Matti, 2013. "Sensitivity of fiscal-policy effects to policy coordination and business cycle conditions," Research Discussion Papers 11/2013, Bank of Finland.
  59. Wataru Miyamoto & Thuy Lan Nguyen & Dmitriy Sergeyev, 2017. "Government Spending Multipliers Under the Zero Lower Bound: Evidence from Japan," Staff Working Papers 17-40, Bank of Canada.
  60. Aiyar, Shekhar & Calomiris , Charles W & Wieladek, Tomasz, 2012. "Does macropru leak? Evidence from a UK policy experiment," Bank of England working papers 445, Bank of England.
  61. Gilhooly, Robert & Weale, Martin & Wieladek, Tomasz, 2015. "Estimation of short dynamic panels in the presence of cross-sectional dependence and dynamic eterogeneity," Discussion Papers 38, Monetary Policy Committee Unit, Bank of England.
  62. Marco Riguzzi & Philipp Wegmueller, 2015. "Economic Openness and Fiscal Multipliers," Diskussionsschriften dp1504, Universitaet Bern, Departement Volkswirtschaft.
  63. Emi Nakamura & J?n Steinsson, 2014. "Fiscal Stimulus in a Monetary Union: Evidence from US Regions," American Economic Review, American Economic Association, vol. 104(3), pages 753-792, March.
  64. Kuckuck, Jan & Westermann, Frank, 2014. "On the size of fiscal multipliers: A counterfactual analysis," Economics Letters, Elsevier, vol. 123(1), pages 26-32.
  65. Holtemöller, Oliver & Brautzsch, Hans-Ulrich & Drechsel, Katja & Drygalla, Andrej & Giesen, Sebastian & Hennecke, Peter & Kiesel, Konstantin & Loose, Brigitte & Meier, Carsten-Patrick & Zeddies, Götz, 2015. "Ökonomische Wirksamkeit der Konjunktur stützenden finanzpolitischen Maßnahmen der Jahre 2008 und 2009. Forschungsvorhaben im Auftrag des Bundesministeriums der Finanzen," IWH Online 4/2015, Halle Institute for Economic Research (IWH).
  66. 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.
  67. Lin, Justin Yifu & Doemeland, Doerte, 2012. "Beyond Keynesianism : global infrastructure investments in times of crisis," Policy Research Working Paper Series 5940, The World Bank.
  68. Yanos Zylberberg & Francesco Pappada, 2014. "Austerity plans and tax evasion : theory and evidence from Greece," 2014 Meeting Papers 1031, Society for Economic Dynamics.
  69. repec:ipf:psejou:v:41:y:2017:i:1:p:39-69 is not listed on IDEAS
  70. Magnus Saxegaard, 2014. "Safe Debt and Uncertainty in Emerging Markets; An Application to South Africa," IMF Working Papers 14/231, International Monetary Fund.
  71. Emily Anderson & Atsushi Inoue & Barbara Rossi, 2011. "Heterogeneous consumers and fiscal policy shocks," Economics Working Papers 1478, Department of Economics and Business, Universitat Pompeu Fabra, revised Dec 2015.
  72. A. S. Benetrix & P. R. Lane, 2013. "Fiscal Shocks and the Real Exchange Rate," International Journal of Central Banking, International Journal of Central Banking, vol. 9(3), pages 6-37, September.
  73. Vassilis Monastiriotis, 2014. "(When) Does Austerity Work? On the Conditional Link between Fiscal Austerity and Debt Sustainability," Cyprus Economic Policy Review, University of Cyprus, Economics Research Centre, vol. 8(1), pages 71-92, June.
  74. repec:col:000107:015644 is not listed on IDEAS
  75. Checherita-Westphal, Cristina & Klemm, Alexander & Viefers, Paul, 2016. "Governments’ payment discipline: The macroeconomic impact of public payment delays and arrears," Journal of Macroeconomics, Elsevier, vol. 47(PB), pages 147-165.
  76. repec:nbp:nbpbik:v:48:y:2017:i:1:p:73-96 is not listed on IDEAS
  77. Brinca, Pedro & Holter, Hans A. & Krusell, Per & Malafry, Laurence, 2016. "Fiscal multipliers in the 21st century," Journal of Monetary Economics, Elsevier, vol. 77(C), pages 53-69.
  78. Stefanie Flotho, 2012. "Monetary and Fiscal Policy in a Monetary Union under the Zero Lower Bound constraint," Discussion Paper Series 20, Department of International Economic Policy, University of Freiburg, revised Jun 2012.
  79. Aida Caldera Sánchez & Morten Rasmussen & Oliver Röhn, 2016. "Economic Resilience: What Role for Policies?," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 7(02), pages 1-44, June.
  80. Clancy, Daragh & Jacquinot, Pascal & Lozej, Matija, 2016. "Government expenditure composition and fiscal policy spillovers in small open economies within a monetary union," Journal of Macroeconomics, Elsevier, vol. 48(C), pages 305-326.
  81. Jair N. Ojeda-Joya & Oscar E. Guzman, 2017. "The Size of Fiscal Multipliers and the Stance of Monetary Policy in Developing Economies," IHEID Working Papers 08-2017, Economics Section, The Graduate Institute of International Studies.
  82. Christopher J. Erceg & Jesper Linde, 2012. "Fiscal Consolidation in an Open Economy," American Economic Review, American Economic Association, vol. 102(3), pages 186-191, May.
  83. Serhan Cevik & Katerina Teksoz, 2014. "Deep Roots of Fiscal Behavior," Journal of Banking and Financial Economics, University of Warsaw, Faculty of Management, vol. 2(2), pages 5-33, November.
  84. Steinar Holden & Victoria Sparrman, 2011. "Do Government Purchases Affect Unemployment?," CESifo Working Paper Series 3482, CESifo Group Munich.
  85. Crafts, Nicholas & Mills, Terence C, 2012. "Fiscal Policy in a Depressed Economy: Was There a ‘Free Lunch’ in 1930s’ Britain?," CAGE Online Working Paper Series 106, Competitive Advantage in the Global Economy (CAGE).
  86. Topal, Pinar, 2015. "Fiscal stimulus and labor market flexibility," SAFE Working Paper Series 90, Research Center SAFE - Sustainable Architecture for Finance in Europe, Goethe University Frankfurt.
  87. Dybczak, Kamil & Melecky, Martin, 2011. "Macroeconomic Shocks and the Fiscal Stance within the EU: A Panel Regression Analysis," MPRA Paper 33684, University Library of Munich, Germany.
  88. Crafts, Nicholas & Mills, Terence C., 2013. "Rearmament to the Rescue? New Estimates of the Impact of “Keynesian” Policies in 1930s' Britain," The Journal of Economic History, Cambridge University Press, vol. 73(04), pages 1077-1104, December.
  89. Garry, Stefanie & Rivas Valdivia, Juan Carlos, 2017. "An analysis of the contribution of public expenditure to economic growth and fiscal multipliers in Mexico, Central America and the Dominican Republic, 1990-2015," Estudios y Perspectivas – Sede Subregional de la CEPAL en México 173, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
  90. Rilind Kabashi, 2017. "Macroeconomic effects of fiscal policy in the European Union, with particular reference to transition countries," Working Papers 2017-03, National Bank of the Republic of Macedonia.
  91. Felix Reichling & Charles Whalen, 2015. "The Fiscal Multiplier and Economic Policy Analysis in the United States: Working Paper 2015-02," Working Papers 49925, Congressional Budget Office.
  92. Cavallari, Lilia & Romano, Simone, 2017. "Fiscal policy in Europe: The importance of making it predictable," Economic Modelling, Elsevier, vol. 60(C), pages 81-97.
  93. Daniel Riera-Crichton & Carlos A. Vegh & Guillermo Vuletin, 2017. "Tax policy and the macroeconomy: Measurement, identification, and non-linearities," Ensayos sobre Política Económica, Banco de la Republica de Colombia, vol. 35(82), pages 10-17, April.
  94. Yingxin Shi & Mototsugu Fukushige, 2015. "Long-Run Fiscal Multipliers for Autonomous Prefectures in China," Pacific Economic Review, Wiley Blackwell, vol. 20(5), pages 687-695, December.
  95. Wei-Bin Zhang, 2017. "How Do the Richest 1% Owns 50% of Wealth in a Small-Open Growth Model with Endogenous Wealth and Human Capital," Academicus International Scientific Journal, Entrepreneurship Training Center Albania, issue 15, pages 58-79, January.
  96. Bi, Huixin & Shen, Wenyi & Yang, Shu-Chun S., 2016. "Debt-dependent effects of fiscal expansions," European Economic Review, Elsevier, vol. 88(C), pages 142-157.
  97. Tom Valentine, 2011. "An Accelerator Tied to a Brake: Fiscal Stimulus Under a Floating Exchange Rate," Agenda - A Journal of Policy Analysis and Reform, Australian National University, College of Business and Economics, School of Economics, vol. 18(1), pages 35-40.
  98. Srecko Zimic & Romanos Priftis, 2017. "Sources of Borrowing and Fiscal Multipliers," 2017 Meeting Papers 294, Society for Economic Dynamics.
  99. Valdivia Coria, Joab Dan, 2016. "Evaluación de la Política Fiscal de Bolivia
    [Evaluation of Bolivia's Fiscal Policy]
    ," MPRA Paper 78789, University Library of Munich, Germany.
  100. Degiannakis, Stavros & Duffy, David & Filis, George & Livada, Alexandra, 2016. "Business cycle synchronisation in EMU: Can fiscal policy bring member-countries closer?," Economic Modelling, Elsevier, vol. 52(PB), pages 551-563.
  101. Cernadas, Luis, 2010. "Efectos macroeconómicos de la política fiscal: Evidencia empírica para Bolivia
    [Macroeconomic effects of fiscal policy: Empirical evidence from Bolivia]
    ," MPRA Paper 39696, University Library of Munich, Germany, revised 2011.
  102. Hernán Rincón & Diego Rodríguez & Jorge Toro & Santiago Téllez, 2017. "FISCO: modelo fiscal para Colombia," ENSAYOS SOBRE POLÍTICA ECONÓMICA, BANCO DE LA REPÚBLICA - ESPE, vol. 35(83), pages 161-187, June.
  103. Papaioannou, Sotiris, 2016. "Public investment multipliers in EU countries: Does the efficiency of public sector matter?," MPRA Paper 70332, University Library of Munich, Germany.
  104. Giancarlo Corsetti & André Meier & Gernot J. Müller, 2012. "What determines government spending multipliers?," Economic Policy, CEPR;CES;MSH, vol. 27(72), pages 521-565, October.
  105. Luis Ignacio Lozano Espitia & Ligia Alba Melo-Becerra & Jorge Enrique Ramos, 2016. "La política fiscal frente a los flujos de capital: evidencia para algunos países de América Latina," REVISTA APUNTES DEL CENES, UNIVERSIDAD PEDAGOGICA Y TECNOLOGICA DE COLOMBIA, vol. 35(62), pages 53-85, July.
  106. Marie-Pierre Hory, 2016. "Fiscal multipliers in Emerging Market Economies: Can we learn something from Advanced Economies?," International Economics, CEPII research center, issue 146, pages 59-84.
  107. Antonella Cavallo & Antonio Ribba, 2017. "Measuring the Effects of Oil Price and Euro-area Shocks on CEECs Business Cycles," Center for Economic Research (RECent) 128, University of Modena and Reggio E., Dept. of Economics "Marco Biagi".
  108. Diniz, André, 2016. "Effects of fiscal consolidations in Latin America," Textos para discussão 423, FGV/EESP - Escola de Economia de São Paulo, Getulio Vargas Foundation (Brazil).
  109. Nicholas Crafts, 2014. "What Does the 1930s' Experience Tell Us about the Future of the Eurozone?," Journal of Common Market Studies, Wiley Blackwell, vol. 52(4), pages 713-727, 07.
  110. Thorsteinn Thorgeirsson & Paul van den Noord, 2013. "The Icelandic banking collapse - was the optimal policy path chosen?," Economics wp62, Department of Economics, Central bank of Iceland.
  111. Jordà, Òscar & Schularick, Moritz & Taylor, Alan M., 2015. "Betting the house," Journal of International Economics, Elsevier, vol. 96(S1), pages 2-18.
    • Òscar Jordà & Moritz Schularick & Alan M. Taylor, 2014. "Betting the House," NBER Chapters,in: NBER International Seminar on Macroeconomics 2014, pages 2-18 National Bureau of Economic Research, Inc.
  112. Daniel Riera-Crichton & Carlos A. Vegh & Guillermo Vuletin, 2017. "Tax policy and the macroeconomy: Measurement, identification, and non-linearities," ENSAYOS SOBRE POLÍTICA ECONÓMICA, BANCO DE LA REPÚBLICA - ESPE, vol. 35(82), pages 10-17, April.
  113. Kirchner, Markus & Wijnbergen, Sweder van, 2016. "Fiscal deficits, financial fragility, and the effectiveness of government policies," Journal of Monetary Economics, Elsevier, vol. 80(C), pages 51-68.
  114. Christophe Blot & Marion Cochard & Jérôme Creel & Bruno Ducoudré & Danielle Schweisguth & Xavier Timbeau, 2014. "Fiscal consolidation in times of crisis: is the sooner really the better?," Revue de l'OFCE, Presses de Sciences-Po, vol. 0(1), pages 159-192.
  115. Mayer, Eric & Rüth, Sebastian & Scharler, Johann, 2013. "Government debt, inflation dynamics and the transmission of fiscal policy shocks," Economic Modelling, Elsevier, vol. 33(C), pages 762-771.
  116. Carmen M. Reinhart & Vincent R. Reinhart, 2009. "When the North Last Headed South: Revisiting the 1930s," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 40(2 (Fall)), pages 251-276.
  117. Zhang, Wei-Bin, 2015. "Tourism, Trade, Externalities, And Public Goods In A Three-Sector Growth Model," UTMS Journal of Economics, University of Tourism and Management, Skopje, Macedonia, vol. 6(1), pages 1-19.
  118. Christophe Blot & Marion Cochard & Jérôme Creel & Bruno Ducoudré & Danielle Schweisguth & Xavier Timbeau, 2014. "Fiscal Consolidation, Public Debt and Output Dynamics in the Euro Area: lessons from a simple model with time-varying fiscal multipliers," Revue d'économie politique, Dalloz, vol. 124(6), pages 953-989.
  119. Şen, Hüseyin & Kaya, Ayşe, 2017. "How large are fiscal multipliers in Turkey?," EconStor Preprints 162763, ZBW - German National Library of Economics.
  120. Stanova, Nadja, 2015. "Effects of fiscal shocks in new EU members estimated from a SVARX model with debt feedback," MPRA Paper 63148, University Library of Munich, Germany.
  121. Carlo Favero & Francesco Giavazzi & Jacopo Perego, 2011. "Country Heterogeneity and the International Evidence on the Effects of Fiscal Policy," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 59(4), pages 652-682, November.
  122. Aizenman, Joshua & Pasricha, Gurnain Kaur, 2011. "Net Fiscal Stimulus During The Great Recession," Santa Cruz Department of Economics, Working Paper Series qt8df5z6j8, Department of Economics, UC Santa Cruz.
  123. Willem H. Buiter, 2010. "The limits to fiscal stimulus," Oxford Review of Economic Policy, Oxford University Press, vol. 26(1), pages 48-70, Spring.
  124. Bogdan Andrei DUMITRESCU, 2015. "The Fiscal Consolidation Consequences On Economic Growth In Romania," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(3), pages 136-151, September.
  125. Joshua Aizenman & Yothin Jinjarak, 2012. "The Fiscal Stimulus of 2009-2010: Trade Openness, Fiscal Space, and Exchange Rate Adjustment," NBER International Seminar on Macroeconomics, University of Chicago Press, vol. 8(1), pages 301-342.
  126. Nicholas Oulton, 2013. "Medium and long run prospects for UK growth in the aftermath of the financial crisis," Discussion Papers 1307, Centre for Macroeconomics (CFM).
  127. Aart Kraay, 2012. "How large is the Government Spending Multiplier? Evidence from World Bank Lending," The Quarterly Journal of Economics, Oxford University Press, vol. 127(2), pages 829-887.
  128. Anja Baum & Marcos Poplawski-Ribeiro & Anke Weber, 2012. "Fiscal Multipliers and the State of the Economy," IMF Working Papers 12/286, International Monetary Fund.
  129. Hernando Vargas & Andrés González & Ignacio Lozano, 2015. "Macroeconomic Gains from Structural Fiscal Policy Adjustments: The Case of Colombia," ECONOMIA JOURNAL OF THE LATIN AMERICAN AND CARIBBEAN ECONOMIC ASSOCIATION, ECONOMIA JOURNAL OF THE LATIN AMERICAN AND CARIBBEAN ECONOMIC ASSOCIATION, vol. 0(Spring 20), pages 39-81, February.
  130. Tang, Hsiao Chink & Liu, Philip & Cheung, Eddie C., 2013. "Changing impact of fiscal policy on selected ASEAN countries," Journal of Asian Economics, Elsevier, vol. 24(C), pages 103-116.
  131. Wong, Chi Shing, 2012. "A Quantitative Study of Hong Kong's Fiscal Policy," MPRA Paper 41431, University Library of Munich, Germany.
  132. Valerie A. Ramey, 2016. "Macroeconomic Shocks and Their Propagation," NBER Working Papers 21978, National Bureau of Economic Research, Inc.
  133. Gemmell, Norman & Au, Joey, 2012. "Government Size, Fiscal Policy and the Level and Growth of Output: A Review of Recent Evidence," Working Paper Series 2603, Victoria University of Wellington, Chair in Public Finance.
  134. Yang, Weonho & Fidrmuc, Jan & Ghosh, Sugata, 2015. "Macroeconomic effects of fiscal adjustment: A tale of two approaches," Journal of International Money and Finance, Elsevier, vol. 57(C), pages 31-60.
  135. Juan Contreras & Holly Battelle, 2014. "Fiscal Multipliers in a Panel of Countries," Working Papers 2014-15, Banco de México.
  136. Guillermo A. Calvo, 2016. "From Chronic Inflation to Chronic Deflation: Focusing on Expectations and Liquidity Disarray Since WWII," NBER Working Papers 22535, National Bureau of Economic Research, Inc.
  137. Born, Benjamin & Juessen, Falko & Müller, Gernot J., 2013. "Exchange rate regimes and fiscal multipliers," Journal of Economic Dynamics and Control, Elsevier, vol. 37(2), pages 446-465.
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  139. Attinasi, Maria Grazia & Klemm, Alexander, 2016. "The growth impact of discretionary fiscal policy measures," Journal of Macroeconomics, Elsevier, vol. 49(C), pages 265-279.
  140. Branimir Jovanovic, 2013. "Growth Forecast Errors and Government Investment and Consumption Multipliers," CEIS Research Paper 301, Tor Vergata University, CEIS, revised 17 Dec 2013.
  141. Jasmin Sin, 2016. "The Fiscal Multiplier in Small Open Economy; The Role of Liquidity Frictions," IMF Working Papers 16/138, International Monetary Fund.
  142. Richard McManus & F. Gulcin Ozkan & Dawid Trzeciakiewicz, 2014. "Self-defeating austerity at the zero lower bound," Discussion Papers 14/24, Department of Economics, University of York.
  143. Berg Tim Oliver, 2015. "Time Varying Fiscal Multipliers in Germany," Review of Economics, De Gruyter, vol. 66(1), pages 13-46, April.
  144. Ran Bi & Haonan Qu & James Roaf, 2013. "Assessing the Impact and Phasing of Multi-year Fiscal Adjustment; A General Framework," IMF Working Papers 13/182, International Monetary Fund.
  145. Shalva Mkhatrishvili & Zviad Zedginidze, 2015. "Modeling Macro-Fiscal Interlinkages: Case of Georgia," Central European Journal of Economic Modelling and Econometrics, CEJEME, vol. 7(1), pages 15-41, March.
  146. Dybczak, Kamil & Melecky, Martin, 2014. "EU fiscal stance vulnerability: Are the old members the gold members?," Economic Modelling, Elsevier, vol. 38(C), pages 87-101.
  147. Tevdovski, Dragan & Petrevski, Goran & Bogoev, Jane, 2016. "The effects of macroeconomic policies under fixed exchange rates: A Bayesian VAR analysis," MPRA Paper 73461, University Library of Munich, Germany, revised 21 Jun 2016.
  148. Erceg, Christopher J. & Lindé, Jesper, 2013. "Fiscal consolidation in a currency union: Spending cuts vs. tax hikes," Journal of Economic Dynamics and Control, Elsevier, vol. 37(2), pages 422-445.
  149. Carmignani, Fabrizio, 2015. "The international effect of US government expenditure," Economic Modelling, Elsevier, vol. 47(C), pages 63-73.
  150. Virkola, Tuomo, 2014. "Exchange Rate Regime, Fiscal Foresight and the Effectiveness of Fiscal Policy in a Small Open Economy," ETLA Reports 20, The Research Institute of the Finnish Economy.
  151. Javier Andrés & José Emilio Boscá & Javier Ferri, 2011. "Household Leverage and Fiscal Multipliers," Working Papers 1103, International Economics Institute, University of Valencia.
  152. George Chouliarakis & Tadeusz Gwiazdowski & Sophia Lazaretou, 2016. "The Effect of Fiscal Policy on Output in Times of Crisis and Prosperity: Historical Evidence From Greece ," Centre for Growth and Business Cycle Research Discussion Paper Series 230, Economics, The Univeristy of Manchester.
  153. Michal Szkup, 2015. "Preventing Self-Fulfilling Crises," 2015 Meeting Papers 1144, Society for Economic Dynamics.
  154. repec:sbe:breart:v:35:y:2015:i:2:a:57570 is not listed on IDEAS
  155. International Monetary Fund, 2013. "Haiti; Selected Issues," IMF Staff Country Reports 13/91, International Monetary Fund.
  156. Riera-Crichton, Daniel & Vegh, Carlos A. & Vuletin, Guillermo, 2014. "Fiscal multipliers in recessions and expansions : does it matter whether government spending is increasing or decreasing ?," Policy Research Working Paper Series 6993, The World Bank.
  157. Bandiera, Guilherme & Pappa, Evi & Sajedi, Rana & Vella, Eugenia, 2016. "Fiscal consolidation in a low inflation environment: pay cuts versus lost jobs," Bank of England working papers 628, Bank of England.
  158. Wei-Bin ZHANG, 2016. "Tourism and economic structural change with endogenous wealth and human capital and elastic labor supply," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(4(609), W), pages 103-126, Winter.
  159. Heinz Handler, 2013. "Fiscal Multipliers in the Crisis," WIFO Monatsberichte (monthly reports), WIFO, vol. 86(12), pages 977-984, December.
  160. Fardoust, Shahrokh & Lin, Justin Yifu & Luo, Xubei, 2012. "Demystifying China's fiscal stimulus," Policy Research Working Paper Series 6221, The World Bank.
  161. Papaioannou, Sotiris, 2016. "Public spending, monetary policy and growth: Evidence from EU countries," MPRA Paper 70331, University Library of Munich, Germany.
  162. Ovalle, Raul & Ramírez, Francisco A., 2014. "Reglas versus Discreción en la Política Fiscal: Introducción al caso Dominicano
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  163. Daragh Clancy & Pascal Jacquinot & Matija Lozej, 2015. "Government expenditure composition and fiscal policy spillovers in a small open economy within a monetary union," Working Papers 4, European Stability Mechanism.
  164. Ryu-ichiro Murota & Yoshiyasu Ono, 2015. "Fiscal Policy under Long-run Stagnation: A New Interpretation of the Multiplier Effect," ISER Discussion Paper 0937, Institute of Social and Economic Research, Osaka University.
  165. Jan Fidrmuc & Sugata Ghosh & Weonho Yang, 2015. "Natural Disasters, Government Spending, and the Fiscal Multiplier," CESifo Working Paper Series 5665, CESifo Group Munich.
  166. Jorge Puig, 2014. "Multiplicador del gasto público en Argentina," Económica, Departamento de Economía, Facultad de Ciencias Económicas, Universidad Nacional de La Plata, vol. 60, pages 188-210, January-D.
  167. Geiger, Martin & Luhan, Wolfgang J. & Scharler, Johann, 2016. "When do fiscal consolidations lead to consumption booms? Lessons from a laboratory experiment," Journal of Economic Dynamics and Control, Elsevier, vol. 69(C), pages 1-20.
  168. Flotho, Stefanie, 2015. "Fiscal Multipliers In A Monetary Union Under The Zero–Lower–Bound Constraint," Macroeconomic Dynamics, Cambridge University Press, vol. 19(06), pages 1171-1194, September.
  169. Valerie A. Ramey, 2011. "Can Government Purchases Stimulate the Economy?," Journal of Economic Literature, American Economic Association, vol. 49(3), pages 673-685, September.
  170. Vesna Stojcevska & Mite Miteski, 2016. "Assessment of the Impact of Fiscal Policy on the Current Account – the Twin Deficit Hypothesis in the Case of Macedonian Economy," Working Papers 2016-01, National Bank of the Republic of Macedonia.
  171. repec:eip:journl:y:2016:i:4:p:7-24 is not listed on IDEAS
  172. Bredemeier, Christian & Juessen, Falko & Winkler, Roland, 2017. "Fiscal Policy and Occupational Employment Dynamics," IZA Discussion Papers 10466, Institute for the Study of Labor (IZA).
  173. Oriol Carreras & Iana Liadze & Simon Kirby & Rebecca Piggott, 2016. "Quantifying Fiscal Multipliers," NIESR Discussion Papers 469, National Institute of Economic and Social Research.
  174. Fabrício Pitombo Leite, 2015. "Taking Godley's Ratios Seriously," Metroeconomica, Wiley Blackwell, vol. 66(3), pages 508-533, 07.
  175. Murota, Ryu-ichiro & Ono, Yoshiyasu, 2015. "Fiscal policy under deflationary gap and long-run stagnation: Reinterpretation of Keynesian multipliers," Economic Modelling, Elsevier, vol. 51(C), pages 596-603.
  176. Hong, Kiseok & Tang, Hsiao Chink, 2012. "Crises in Asia: Recovery and policy responses," Journal of Asian Economics, Elsevier, vol. 23(6), pages 654-668.
  177. Raphael A Espinoza & Abdelhak S Senhadji, 2011. "How Strong are Fiscal Multipliers in the GCC?," IMF Working Papers 11/61, International Monetary Fund.
  178. Daniel Leigh & Andrea Pescatori & Jaime Guajardo, 2011. "Expansionary Austerity New International Evidence," IMF Working Papers 11/158, International Monetary Fund.
  179. Luiz de Mello, 2013. "What Can Fiscal Policy Do in the Current Recession? A Review of Recent Literature and Policy Options," Hacienda Pública Española, IEF, vol. 204(1), pages 113-139, March.
  180. Agnello, Luca & Furceri, Davide & Sousa, Ricardo M., 2013. "How best to measure discretionary fiscal policy? Assessing its impact on private spending," Economic Modelling, Elsevier, vol. 34(C), pages 15-24.
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  182. Marek Lubiński, 2015. "Mnożnik fiskalny: reaktywacja," Gospodarka Narodowa, Warsaw School of Economics, issue 1, pages 5-26.
  183. Dennis Bonam & Jakob de Haan & Beau Soederhuizen, 2017. "The effects of fiscal policy at the effective lower bound," DNB Working Papers 565, Netherlands Central Bank, Research Department.
  184. Hjelm, Göran & Stockhammar, Pär, 2016. "Short Run Effects of Fiscal Policy on GDP and Employment: Swedish Evidence," Working Papers 147, National Institute of Economic Research.
  185. Steven Pennings & Esther Perez Ruiz, 2013. "Fiscal Consolidations and Growth; Does Speed Matter?," IMF Working Papers 13/230, International Monetary Fund.
  186. Luis-Felipe Zanna & Olivier Basdevant & Susan Yang & Genevieve Verdier & Joannes Mongardini & Borislava Mircheva & Dalmacio Benicio, 2011. "The Design of Fiscal Adjustment Strategies in Botswana, Lesotho, Namibia, and Swaziland," IMF Working Papers 11/266, International Monetary Fund.
  187. Goran Petrevski & Jane Bogoev & Dragan Tevdovski, 2016. "Fiscal and monetary policy effects in three South Eastern European economies," Empirical Economics, Springer, vol. 50(2), pages 415-441, March.
  188. Martín Ardanaz & Alejandro Izquierdo, 2017. "Current expenditure upswings in good times and capital expenditure downswings in bad times?: new evidence from developing countries," IDB Publications (Working Papers) 8558, Inter-American Development Bank.
  189. Guo, Qingwang & Liu, Chang & Ma, Guangrong, 2016. "How large is the local fiscal multiplier? Evidence from Chinese counties," Journal of Comparative Economics, Elsevier, vol. 44(2), pages 343-352.
  190. Clemens Fuest & Björn Kauder & Luisa Lorenz & Martin Mosler & Niklas Potrafke & Florian Dorn, 2016. "Heimliche Steuererhöhungen – Belastungswirkungen der Kalten Progression und Entlastungswirkungen eines Einkommensteuertarifs auf Rädern," ifo Forschungsberichte, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 76.
  191. Creel, Jérôme & Hubert, Paul & Saraceno, Francesco, 2012. "The European Fiscal Compact: A Counterfactual Assessment," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 27, pages 537-563.
  192. Almeida, Guilherme & Pappa, Evi & Sajedi, Rana & Vella, Eugenia, 2017. "Fiscal Consolidations in a Low Inflation Environment:Pay cuts versus Lost Jobs," CEPR Discussion Papers 12310, C.E.P.R. Discussion Papers.
  193. repec:nov:artigo:v:25:y:2015:i:spe:p:835-861 is not listed on IDEAS
  194. Wei-Bin ZHANG, 2016. "Tourism and economic structural change with endogenous wealth and human capital and elastic labor supply," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(4(609), W), pages 103-126, Winter.
  195. Kim, Soyoung, 2015. "Country characteristics and the effects of government consumption shocks on the current account and real exchange rate," Journal of International Economics, Elsevier, vol. 97(2), pages 436-447.
  196. Attinasi, Maria Grazia & Metelli, Luca, 2017. "Is fiscal consolidation self-defeating? A panel-VAR analysis for the Euro area countries," Journal of International Money and Finance, Elsevier, vol. 74(C), pages 147-164.
  197. Reinhart, Carmen & Reinhart, Vincent, 2009. "Fiscal stimulus for debt intolerant countries?," MPRA Paper 16937, University Library of Munich, Germany.
  198. Carmignani, Fabrizio, 2015. "Can public expenditure stabilize output? Multipliers and policy interdependence in Queensland and Australia," Economic Analysis and Policy, Elsevier, vol. 47(C), pages 69-81.
  199. Sebastian Hauptmeier & A. Jesús Sánchez Fuentes & Ludger Schuknecht, 2015. "Spending Dynamics in Euro Area Countries: Composition and Determinants," Hacienda Pública Española, IEF, vol. 215(4), pages 119-138, December.
  200. Francesco Grigoli & Dalia S Hakura, 2010. "Recoveries in the Middle East, North Africa, and Pakistan; Have Macroeconomic Policies Been Effective?," IMF Working Papers 10/122, International Monetary Fund.
  201. Marchiori, Luca & Pierrard, Olivier, 2017. "How does global demand for financial services promote domestic growth in Luxembourg? A dynamic general equilibrium analysis," Economic Modelling, Elsevier, vol. 62(C), pages 103-123.
  202. repec:eme:jfeppp:jfep-07-2016-0051 is not listed on IDEAS
  203. Ionela Baltatescu, 2014. "Eu Type Of Austerity: Brief Analysis And Criticism," Global Economic Observer, "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences;Institute for World Economy of the Romanian Academy, vol. 2(2), pages 85-92, November.
  204. Ana Mitreska & Sultanija Bojcheva – Terzijan, 2017. "Panel Estimation of the Impact of Foreign Banks Presence on Selected Banking Indicators in Macedonia," Working Papers 2017-04, National Bank of the Republic of Macedonia.
  205. Jüßen, Falko & Bredemeier, Christian & Winkler, Roland, 2017. "Fiscal Policy and Occupational Employment Dynamics," Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking 168193, Verein für Socialpolitik / German Economic Association.
  206. repec:spo:wpecon:info:hdl:2441/2g7mhju69b94obeaqlen09s1au is not listed on IDEAS
  207. Ellahie, Atif & Ricco, Giovanni, 2017. "Government Purchases Reloaded : Informational Insufficiency and Heterogeneity in Fiscal VARs," The Warwick Economics Research Paper Series (TWERPS) 1138, University of Warwick, Department of Economics.
  208. Köppl-Turyna, Monika & Lorenz, Hanno, 2016. "Demand-side economics in times of high debt: The case of the European Union," Working Papers 02, Agenda Austria.
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