The time-varying effect of fiscal policy on inflation: evidence from historical US data

DOI10.1016/J.ECONLET.2019.108823MaRDI QIDQ2292797zbMATHOpenAlexFDO

Authors Mathias Klein, Ludger Linnemann

Publication date 5 February 2020

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.econlet.2019.108823

zbMATH Keywords

vector autoregressioninflationtime-varying parametersgovernment spending

Mathematics Subject Classification ID

Applications of statistics to economics (62P20) Macroeconomic theory (monetary models, models of taxation) (91B64)

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Cites work

• An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output
• Fiscal stimulus and systematic monetary policy: postwar evidence for the United States
• Fiscal stimulus with learning-by-doing
• Inference on Multivariate Heteroscedastic Time Varying Random Coefficient Models
• Inference on stochastic time-varying coefficient models

Cited in

(3)

• The long-run effects of pandemics on inflation: will this time be different?
• Fiscal stimulus and systematic monetary policy: postwar evidence for the United States
• On fiscal and monetary policy-induced macroeconomic volatility dynamics

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