Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/37206
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dc.contributor.authorPriesmeier, Christophen_US
dc.date.accessioned2010-08-11T09:02:19Z-
dc.date.available2010-08-11T09:02:19Z-
dc.date.issued2010en_US
dc.identifier.urihttp://hdl.handle.net/10419/37206-
dc.description.abstractLarge parts of the empirical economic literature state that policy makers have ex-post proven to be unable to time fiscal policy measures countercyclically. In this paper we expand the usually applied empirical approaches and allow for changing reaction patterns over time by employing not only VAR- but as well time-varying parameter VAR estimation techniques on quarterly fiscal data for Germany from 1970-2008. Our analysis shows not a general a-cyclical pattern but three distinct phases of different fiscal policy timing indicating possible misspecifications of time-invariant analyses.en_US
dc.language.isoengen_US
dc.publisher|aVerein für Socialpolitik |cFrankfurt a. M.en_US
dc.relation.ispartofseries|aBeiträge zur Jahrestagung des Vereins für Socialpolitik 2010: Ökonomie der Familie - Session: Empirical Analyses of Fiscal Policy |xB9-V2en_US
dc.subject.jelE62en_US
dc.subject.jelE32en_US
dc.subject.jelD78en_US
dc.subject.ddc330en_US
dc.titleFiscal policy over the business cycle in Germany - a tale in three acts. Evidence from a time-varying VAR analysis 1970-2008en_US
dc.typeConference Paperen_US
dc.identifier.ppn65553640X-
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-

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