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