Measuring the Impact of Fiscal Policy in the Face of Anticipation: A Structural VAR Approach

Author:

Mertens Karel1,Ravn Morten O.2

Affiliation:

1. Cornell University

2. University College London and CEPR

Publisher

Oxford University Press (OUP)

Subject

Economics and Econometrics

Reference29 articles.

1. Fiscal policy in general equilibrium;Baxter;American Economic Review,1993

2. Stock prices, news, and economic fluctuations;Beaudry;American Economic Review,2006

3. An empirical investigation of the dynamic effects of changes in government spending and taxes on output;Blanchard;Quarterly Journal of Economics,2002

4. Fiscal shocks and their consequences;Burnside;Journal of Economic Theory,2004

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