Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/43234 
Kompletter Metadatensatz
DublinCore-FeldWertSprache
dc.contributor.authorCogan, John F.en
dc.contributor.authorCwik, Tobias J.en
dc.contributor.authorTaylor, John B.en
dc.contributor.authorWieland, Volkeren
dc.date.accessioned2009-10-21-
dc.date.accessioned2010-12-15T09:22:14Z-
dc.date.available2010-12-15T09:22:14Z-
dc.date.issued2009-
dc.identifier.piurn:nbn:de:hebis:30-68369en
dc.identifier.urihttp://hdl.handle.net/10419/43234-
dc.description.abstractRenewed interest in fiscal policy has increased the use of quantitative models to evaluate policy. Because of modeling uncertainty, it is essential that policy evaluations be robust to alternative assumptions. We find that models currently being used in practice to evaluate fiscal policy stimulus proposals are not robust. Government spending multipliers in an alternative empirically-estimated and widely-cited new Keynesian model are much smaller than in these old Keynesian models; the estimated stimulus is extremely small with GDP and employment effects only one-sixth as large.en
dc.language.isoengen
dc.publisher|aGoethe University Frankfurt, Center for Financial Studies (CFS) |cFrankfurt a. M.en
dc.relation.ispartofseries|aCFS Working Paper |x2009/17en
dc.subject.jelC52en
dc.subject.jelE62en
dc.subject.ddc330en
dc.subject.keywordFiscal Multiplieren
dc.subject.keywordNew Keynesian Modelen
dc.subject.keywordFiscal Stimulusen
dc.subject.keywordGovernment Spendingen
dc.subject.keywordMacroeconomic Modelingen
dc.subject.stwFinanzpolitiken
dc.subject.stwÖffentliche Ausgabenen
dc.subject.stwKeynesianismusen
dc.subject.stwMultiplikatoren
dc.subject.stwSchätzungen
dc.subject.stwUSAen
dc.titleNew Keynesian versus old Keynesian government spending multipliers-
dc.typeWorking Paperen
dc.identifier.ppn610756397en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:cfswop:200917en

Datei(en):
Datei
Größe
133.63 kB





Publikationen in EconStor sind urheberrechtlich geschützt.