Regime-dependent fiscal multipliers in the United States

DOI10.1007/S11079-016-9410-3MaRDI QIDQ2416237zbMATH OpenOpenAlexFDO

Authors Aurélia Jambois, Laurine Jambois, Gilles Dufrénot, Guillaume A. Khayat

Publication date 23 May 2019

Published in Open Economies Review (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s11079-016-9410-3

zbMATH Keywords

anti-Keynesian effectsfiscal multipliersKeynesian effectsregime-dependent

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

Recommendations

• State-dependent effects of fiscal policy
• Nonlinear effects of fiscal policy over the business cycle
• Fiscal policy in good and bad times
• Fiscal policy and uncertainty
• Exchange rate regimes and fiscal multipliers

Cites work

• An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output
• Analysis of time series subject to changes in regime
• Business cycle durations
• Dealing with endogeneity in a time-varying parameter model: joint estimation and two-step estimation procedures
• Dealing with Endogeneity in Regression Models with Dynamic Coefficients
• Estimation of Markov regime-switching regression models with endogenous switching
• Fiscal Policy in an Expectations-Driven Liquidity Trap
• New Keynesian versus old Keynesian government spending multipliers
• State-dependent effects of fiscal policy
• Testing for two-regime threshold cointegration in vector error-correction models.

Cited in

(15)

• Fiscal stimulus and systematic monetary policy: postwar evidence for the United States
• Hysteresis and fiscal policy
• Fiscal stabilization and the credibility of the U.S. budget sequestration spending austerity
• State-dependent fiscal multipliers: Calvo vs. Rotemberg
• Fiscal policy in good and bad times
• Emigration and fiscal austerity in a depression
• Locally financed and outside financed regional fiscal multipliers
• How do fiscal adjustments work? An empirical investigation
• State-dependent effects of fiscal policy
• Exchange rate regimes and fiscal multipliers
• Why the Keynesian multiplier increases during hard times: a theoretical explanation based on rentiers' saving behaviour
• The fiscal multiplier in a liquidity-constrained New Keynesian economy
• Fiscal multipliers and foreign holdings of public debt
• Fiscal multipliers: A heterogenous‐agent perspective
• Italian local fiscal multipliers: evidence from proxy-SVAR

This page was built for publication: Regime-dependent fiscal multipliers in the United States

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q2416237)