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Two fiscal policy puzzles revisited: New evidence and an explanation
16 references·2 citing·41 second hop
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References

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  • 1989Is public expenditure productive?5,465 cited
  • 1996Staggered Prices in a Utility-Maximizing Framework4,369 cited
  • 2005What are the effects of monetary policy on output? Results from an agnostic identification procedure2,303 cited
  • 2007Understanding the Effects of Government Spending on Consumption1,923 cited
  • 1990Fiscal Policy in General Equilibrium1,459 cited
  • 1995Long-Run Implications of Investment-Specific Technological Change1,350 cited
  • 2009What are the effects of fiscal policy shocks?1,331 cited
  • 1990Current Real Business Cycle Theories and Aggregate Labor Market Fluctuations978 cited
  • 2007Bayesian estimation of an open economy DSGE model with incomplete pass-through852 cited
  • 1993Consumption and real exchange rates in dynamic economies with non-traded goods750 cited
  • 1981Output Effects of Government Purchases685 cited
  • 2010Effects of Fiscal Stimulus in Structural Models601 cited
  • 2007Twin deficit or twin divergence? Fiscal policy, current account, and real exchange rate in the U.S.528 cited
  • 1997Productive government expenditures and long-run growth

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494 cited
  • 2019Fiscal Policy and Aggregate Demand419 cited
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    • 2017Government spending and the exchange rate24 cited
    • 2022Hysteresis and fiscal stimulus in a recession20 cited