Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/93222
Authors: 
Albertini, Julien
Poirier, Arthur
Roulleau-Pasdeloup, Jordan
Year of Publication: 
2014
Series/Report no.: 
SFB 649 Discussion Paper 2014-017
Abstract: 
We investigate the size of the multiplier at the ZLB in a New keynesian model. It ranges from around -0.25 to +1.5, depending on the extent to which government spending is productive, substitutable or not for private consumption.
Subjects: 
Zero lower bound
New Keynesian
Government spending multiplier
JEL: 
E31
E32
E52
E62
Document Type: 
Working Paper

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