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State Dependent Government Spending Multipliers: Downward Nominal Wage Rigidity and Sources of Business Cycle Fluctuations
16 references·3 citing·44 second hop
State Dependent Government Spending Multipliers: Downward Nominal Wage Rigidity and Sources of Business Cycle Fluctuations (2022)State Dependent Government Spending Multi…Government Spending Multipliers in Good Times and in Bad: Evidence from US Historical Data (2017)Government Spending Multiplie…Fiscal Stimulus in a Monetary Union: Evidence from US Regions (2014)Fiscal Stimulus in a Monetary…Measuring the Output Responses to Fiscal Policy (2012)Measuring the Output Response…When Is the Government Spending Multiplier Large? (2011)When Is the Government Spendi…What Fiscal Policy Is Effective at Zero Interest Rates? (2011)What Fiscal Policy Is Effecti…Simple Analytics of the Government Expenditure Multiplier (2011)Simple Analytics of the Gover…Are Micro and Macro Labor Supply Elasticities Consistent? A Review of Evidence on the Intensive and Extensive Margins (2011)Are Micro and Macro Labor Sup…What are the effects of fiscal policy shocks? (2009)What are the effects of fisca…Estimation and Inference of Impulse Responses by Local Projections (2005)Estimation and Inference of I…An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output (2002)An Empirical Characterization…Nominal price rigidity, money supply endogeneity, and business cycles (1996)Nominal price rigidity, money…The Dynamic Effects of Aggregate Demand and Supply Disturbances (1988)The Dynamic Effects of Aggreg…Production, growth and business cycles (1988)Production, growth and busine…Investment, Capacity Utilization and the Real Business Cycle (1986)Investment, Capacity Utilizat…Staggered prices in a utility-maximizing framework (1983)Staggered prices in a utility…MONOPOLISTIC COMPETITION AND OPTIMUM PRODUCT DIVERSITY (1975)MONOPOLISTIC COMPETITION AND …State Dependence of Fiscal Multipliers: The Source of Fluctuations Matters (2023)State Dependence of Fiscal Mu…Fiscal Multipliers During Pandemics (2022)Fiscal Multipliers During Pan…New-Keynesian Trade: Understanding the Employment and Welfare Effects of Trade Shocks (2020)New-Keynesian Trade: Understa…Aggregate Dynamics and Staggered Contracts (1980)Trends and random walks in macroeconomic time series (1988)The Great Crash, the Oil Price Shock, and the Unit Root Hypothesis (1989)An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area (2003)What are the effects of monetary policy on output? Results from an agnostic identification procedure (2005)A New Approach to Consumer Theory (1976)Endogenous Technological Change (1989)Increasing Returns and Economic Geography (1990)A Model of Growth Through Creative Destruction (1992)A Contribution to the Theory of Economic Growth (1956)Co-Integration and Error Correction: Representation, Estimation, and Testing (1987)On the mechanics of economic development (1988)Long-Run Policy Analysis and Long-Run Growth (1991)Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach (2007)The Race between Man and Machine: Implications of Technology for Growth, Factor Shares, and Employment (2018)The General Theory of Employment, Interest and Money. (1936)The General Theory of Employment (1937)Time to Build and Aggregate Fluctuations (1982)Income and Wealth Heterogeneity in the Macroeconomy (1998)A New Approach to the Economic Analysis of Nonstationary Time Series and the Business Cycle (1989)Impulse response analysis in nonlinear multivariate models (1996)Public Debt and Low Interest Rates (2019)Local Projections and VARs Estimate the Same Impulse Responses (2021)Measuring Geopolitical Risk (2022)"Rational" Expectations, the Optimal Monetary Instrument, and the Optimal Money Supply Rule (1975)Inflation and Costs of Price Adjustment (1977)Behavioral Macroeconomics and Macroeconomic Behavior (2002)Employment Fluctuations with Equilibrium Wage Stickiness (2005)Unemployment Fluctuations with Staggered Nash Wage Bargaining (2009)The General Theory of Employment, Interest and Money, by John Maynard Keynes (1936)The General Theory of Employment, Interest and Money. (1936)Identifying Government Spending Shocks: It's all in the Timing* (2011)Measuring Monetary Policy (1998)Measuring Business Cycles: Approximate Band-Pass Filters for Economic Time Series (1999)How Big (Small?) are Fiscal Multipliers? (2010)The Macroeconomic Effects of Tax Changes: Estimates Based on a New Measure of Fiscal Shocks (2010)The Dynamic Effects of Personal and Corporate Income Tax Changes in the United States (2013)The Quarterly Journal of Economics (2024)Macroeconomics and Reality (1980)Discretion versus policy rules in practice (1993)Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy (2005)Macroeconomic Shocks and Their Propagation (2016)New Indexes of Coincident and Leading Economic Indicators (1989)Growth Forecast Errors and Fiscal Multipliers (2013)
this work references cited by second hop

References

  • 1983Staggered prices in a utility-maximizing framework7,892 cited
  • 1975MONOPOLISTIC COMPETITION AND OPTIMUM PRODUCT DIVERSITY7,391 cited
  • 2005Estimation and Inference of Impulse Responses by Local Projections4,629 cited
  • 1988The Dynamic Effects of Aggregate Demand and Supply Disturbances3,940 cited
  • 2002An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output2,924 cited
  • 1988Production, growth and business cycles2,193 cited
  • 1986Investment, Capacity Utilization and the Real Business Cycle2,127 cited
  • 2012Measuring the Output Responses to Fiscal Policy1,915 cited
  • 2011When Is the Government Spending Multiplier Large?1,839 cited
  • 2017Government Spending Multipliers in Good Times and in Bad: Evidence from US Historical Data1,435 cited
  • 2009What are the effects of fiscal policy shocks?1,331 cited
  • 1996Nominal price rigidity, money supply endogeneity, and business cycles1,232 cited
  • 2014Fiscal Stimulus in a Monetary Union: Evidence from US Regions912 cited
  • 2011Simple Analytics of the Government Expenditure Multiplier912 cited
  • 2011Are Micro and Macro Labor Supply Elasticities Consistent? A Review of Evidence on the Intensive and Extensive Margins

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854 cited
  • 2011What Fiscal Policy Is Effective at Zero Interest Rates?681 cited
  • Cited by

    • 2023State Dependence of Fiscal Multipliers: The Source of Fluctuations Matters24 cited
    • 2022Fiscal Multipliers During Pandemics23 cited
    • 2020New-Keynesian Trade: Understanding the Employment and Welfare Effects of Trade Shocks18 cited