Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/37206 
Full metadata record
DC FieldValueLanguage
dc.contributor.authorPriesmeier, Christophen
dc.date.accessioned2010-08-11T09:02:19Z-
dc.date.available2010-08-11T09:02:19Z-
dc.date.issued2010-
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
dc.language.isoengen
dc.publisher|aVerein für Socialpolitik |cFrankfurt a. M.en
dc.relation.ispartofseries|aBeiträge zur Jahrestagung des Vereins für Socialpolitik 2010: Ökonomie der Familie - Session: Empirical Analyses of Fiscal Policy |xB9-V2en
dc.subject.jelE62en
dc.subject.jelE32en
dc.subject.jelD78en
dc.subject.ddc330en
dc.titleFiscal policy over the business cycle in Germany - a tale in three acts. Evidence from a time-varying VAR analysis 1970-2008-
dc.typeConference Paperen
dc.identifier.ppn65553640Xen
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.