Deficits, Public Debt Dynamics and Tax and Spending Multipliers
Author:
Affiliation:
1. University of Pennsylvania
2. Federal Reserve Bank of New York
Publisher
Oxford University Press (OUP)
Subject
Economics and Econometrics
Link
http://academic.oup.com/ej/article-pdf/123/566/F133/26375188/ejf133.pdf
Reference22 articles.
1. The solution of linear difference models under rational expectations;Blanchard;Econometrica,1980
2. Staggered prices in a utility‐maximizing framework;Calvo;Journal of Monetary Economics,1983
3. When is the government spending multiplier large?;Christiano;Journal of Political Economy,2011
4. New Keynesian versus Old Keynesian government spending multipliers;Cogan;Journal of Economic Dynamics & Control,2010
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