Evaluating Changes in the Transmission Mechanism of Government Spending Shocks
Language: en
Pages: 31
Authors: Mr.Nooman Rebei
Categories: Business & Economics
Type: BOOK - Published: 2017-03-13 - Publisher: International Monetary Fund

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We empirically revisit the crowding-in effect of government spending on private consumption based on rolling windows of U.S. data. Results show that in earlier
Confidence and the Transmission of Government Spending Shocks
Language: en
Pages: 44
Authors: Ruediger Bachmann
Categories: Consumer confidence
Type: BOOK - Published: 2011 - Publisher:

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Abstract: There seems to be a widespread belief among economists, policy-makers, and members of the media that the "confidence'" of households and businesses is
NBER Macroeconomics Annual 2007
Language: en
Pages: 0
Authors: Daron Acemoglu
Categories: Macroeconomics
Type: BOOK - Published: 2008-03 - Publisher:

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The NBER Macroeconomics Annual provides a forum for important debates in contemporary macroeconomics and major developments in the theory of macroeconomic analy
The Effectiveness of Fiscal Policy in Stimulating Economic Activity
Language: en
Pages: 62
Authors: Richard Hemming
Categories: Business & Economics
Type: BOOK - Published: 2002-12 - Publisher: International Monetary Fund

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This paper reviews the theoretical and empirical literature on the effectiveness of fiscal policy. The focus is on the size of fiscal multipliers, and on the po
Monetary Policy Transmission in Emerging Markets and Developing Economies
Language: en
Pages: 54
Authors: Mr.Luis Brandao-Marques
Categories: Business & Economics
Type: BOOK - Published: 2020-02-21 - Publisher: International Monetary Fund

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Central banks in emerging and developing economies (EMDEs) have been modernizing their monetary policy frameworks, often moving toward inflation targeting (IT).