Regime-switching debt and taxation

By Troy A. Davig. 2004

154 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/fe596a5fc461584171837ae7edffb2bcd83862f5

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In Economics and Econometrics

Citations in the corpus

How does fiscal policy react to wealth composition and asset prices (2012, background): “…basic idea behind MS modelling strategy is that many economic series might obey to di¤erent economic regimes associated with events such as nancial crises (Jeanne and Masson, 2000; Cerra, 2005; Hamilton, 2005) or abrupt changes in government policy (Hamilton, 1988; Davig, 2004; Sims and Zha, 2006).”
Fluctuating Macro Policies and the Fiscal Theory [with Comments and Discussion] (2005, unknown): “That paper also 1Some work considers recurring regime switching in exogenous processes, including exogenously evolving policy variables [Andolfatto and Gomme (2003), Davig (2003, 2004), Leeper and Zha (2003), Schorfheide (2005)].”
Inequality, Leverage and Crises: The Case of Endogenous Default (2013, unknown): “[8] Davig, T.”
Monetary-Fiscal Policy Interactions and Fiscal Stimulus (2011, background): “2 Work along these lines includes Andolfatto and Gomme (2003), Leeper and Zha (2003), Davig (2004), Davig and Leeper (2006, 2007), Chung et al. (2007), Svensson and Williams (2007), Bianchi (2009), and Farmer et al. (2009).”
Uncertain Fiscal Consolidations (2013, unknown): “The solution method, based on Coleman (1991) and Davig (2004), conjectures candidate decision rules that reduce the system to a set of expectation first-order difference equations.”
Fiscal Policy Rules and Regime (In)Stability: Evidence from the U.S. (2005, background): “Davig (2004) and Davig, Leeper and Chung (2004) have made important steps in the direction of developing macroeconomic frameworks in which the possibility of switching (in the future) to different fiscal and/or monetary policy regimes affect the formation of agents’ expectations.”
Monetary and Fiscal Policy Switching (2007, unknown): “resolve the puzzle by changing identifying assumptions or by expanding the information set on which policy choices are based [Gordon and Leeper (1994), Leeper, Sims, and Zha (1996), Christiano, Eichenbaum, and Evans (1999), Bernanke, Boivin, and Eliasz (2002), Leeper and Roush (2003)].”