Great Moderation | EABCN

Changing Patterns of Domestic and Cross-Border Fiscal Policy Multipliers in Europe and the US

JEL codes:

E30, E61, E62

Keywords:

Fiscal policy effectiveness, fiscal shocks, spillovers, factor-augmented VAR, Great Moderation

Version Date:

Dec 2006

Author/s:

Jacopo Cimadomo

Abstract:

This paper documents time variation in domestic fiscal policy multipliers in Germany, the UK

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