Measuring the Output Responses to Fiscal Policy
2010
128 citations recorded by the source corpus.
Subfields: Economics and Econometrics
View Paper: https://www.semanticscholar.org/paper/3e94645454eb6d71bf1f4449dc58565f41e9b2bd
Citations in the corpus
- Economic Policy Uncertainty Spillovers in Booms and Busts (2019, unknown): “As transition indicator, we employ a standardized moving average of the growth rate of a real activity indicator, industrial production in our case, in line with other STVAR-based empirical analysis of the US business cycle (see, among others,Auerbach and Gorodnichenko, 2012; Bachmann and Sims, 2012”
- Fiscal Multipliers : Size, Determinants, and Use in Macroeconomic Projections (2014, unknown): “By comparison, Auerbach and Gorodnichenko (2012a) estimate a first year expenditure multiplier of about 1.”
- Are Government Spending Multipliers Greater During Periods of Slack? Evidence from 20th Century Historical Data (2013, unknown): “As an illustration of the method, we estimate the two-quarter-ahead impulse response of z by regressing xt+2 on the variables on the right hand side of Equation (1).”
- What Determines Government Spending Multipliers? (2012, unknown): “The exchange rate regime matters for domestic fiscal multipliers also in new Keynesian business cycle models, but the sharp predictions of traditional Keynesian theory do not necessarily go through.”
- Roads to Prosperity or Bridges to Nowhere? Theory and Evidence on the Impact of Public Infrastructure Investment (2012, unknown): “Following Auerbach and Gorodnichenko (2012), we extend the analysis to investigate whether highway spending shocks occurring during recessions lead to different impulse responses than do shocks occurring in expansions.”
- How Big (Small?) are Fiscal Multipliers? (2011, unknown): “They nd that scal multipliers are larger in recessions than in expansions.(2) Their panel data, however, is semi-annual.”
- The Economic Effects of Public Financing: Evidence from Municipal Bond Ratings Recalibration (2017, unknown): “, Auerbach and Gorodnichenko 2012; and Fishback and Kachanovskaya 2015).(5) We also contribute to the literature on the effect of credit market shocks on economic outcomes. Mian and Sufi (2011, 2014) and Mian, Sufi, and Rao (2013) focus on the role of household leverage in explaining the severity of”