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Fiscal multipliers in bad times: does the nature of a recession matter?
(2018-10)
The literature measuring the magnitude of the fiscal multiplier has a considerable consensus that the stimulative effects of fiscal instruments depends on the current state of economic activity, whether it is expanding or ...
Is fiscal policy effective in Brazil? An empirical analysis
(2016)
The main goal of this paper is to determine the effectiveness of fiscal policy in Brazil. With a sample from 1997 to 2014, we are not able to obtain the relevant impact of fiscal stimuli on output, even when altering both ...
Fiscal Multipliers in Bad Times: Does the Nature of a Recession Matter?
(Sociedade Brasileira de Econometria, 2020)
Fiscal Multipliers and Balance Sheet Effects in a Small Open Economy
Fiscal multipliers are different across countries and according to economic circumstances. Investment multipliers have recently been subjects of analysis, especially for advanced economies. For small open economies, such ...
Estimación de multiplicadores fiscales para NicaraguaEstimation of fiscal multipliers for Nicaragua
(Universidad Iberoamericana Ciudad de México. Departamento de Economía, 2021)
En el presente estudio se estiman los multiplicadores simétricos y asimétricos de gasto e ingreso del gobierno central para Nicaragua. Para el modelo lineal se hace uso del modelo Structural Vector Autoregressive (SVAR, ...
Fiscal Multipliers in the Euro AreaMultiplicadores fiscales en la zona euro
(Instituto de Economía y Finanzas. Facultad de Ciencias Económicas. Universidada Nacional de Córdoba., 2010)
Does the nature of a recession matter?: some calculations on fiscal multipliers
(2018-04-24)
The existing literature measuring the magnitude of the fiscal multiplier has a considerable consensus that the stimulative effects of fiscal instruments depends on the current state of economic activity, whether it is ...
Multiplicadores fiscais do governo central do Brasil: efeito de choque identificado via abordagem narrativa
(Universidade do Vale do Rio dos Sinos, 2020-05-20)
The study aims to estimate the fiscal multipliers of the central government of Brazil’s expenditures for different states of the economy and different monetary regimes in the period from 2000 to 2018. The study innovates ...
Multiplicadores fiscais do governo central do Brasil: efeito de choque identificado via abordagem narrativa
(Universidade do Vale do Rio dos Sinos, 2020-05-20)
The study aims to estimate the fiscal multipliers of the central government of Brazil’s expenditures for different states of the economy and different monetary regimes in the period from 2000 to 2018. The study innovates ...
The anatomy of fiscal multiplier
(2021-07-29)
O presente trabalho desenvolve quatro modelos DSGE com Markov-switching, usando uma variedade de fricções sob diferentes regimes de política monetária e fiscal. Estimam-se multiplicadores fiscais para os Estados Unidos e ...