Fiscal shocks and their consequences.

DOI10.1016/S0022-0531(03)00252-7zbMath1063.91531OpenAlexW1994655694MaRDI QIDQ1427499

Craig Burnside, Jonas D. M. Fisher, Martin S. Eichenbaum

Publication date: 14 March 2004

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/s0022-0531(03)00252-7

zbMATH Keywords

Business cyclesHabit formationGrowth modelInvestment adjustment costs

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) History, political science (91F10)

Related Items

Asset returns and business cycles in models with investment adjustment costs, Demand shocks and economic fluctuations, Government spending and heterogeneous consumption dynamics, Fiscal policy, entry and capital accumulation: hump-shaped responses, Fiscal policy in good and bad times, The effects of public spending externalities, Fiscal policy, monopolistic competition, and finite lives, New Keynesian versus old Keynesian government spending multipliers, The Fiscal Multiplier in a Liquidity‐Constrained New Keynesian Economy, THE ADVERSE EFFECT OF GOVERNMENT SPENDING ON PRIVATE CONSUMPTION IN NEW KEYNESIAN MODELS, A reevaluation of the macroeconomic effects of positive trend inflation, Monetary, fiscal and oil shocks: evidence based on mixed frequency structural FAVARs, Debt and deficit fluctuations and the structure of bond markets, Fiscal policy in unionized labor markets

Cites Work

• Solving dynamic equilibrium models by a method of undetermined coefficients
• An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output
• A Time Series Analysis of Representative Agent Models of Consumption and Leisure Choice under Uncertainty