Cargando…
Fiscal stimulus with spending reversals /
The impact of fiscal stimulus depends not only on short-term tax and spending policies, but also on expectations about offsetting measures in the future. This paper analyzes the effects of an increase in government spending under a plausible debt-stabilizing policy that links current stimulus to a s...
| Clasificación: | Libro Electrónico |
|---|---|
| Autores principales: | , , |
| Autor Corporativo: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
[Washington, D.C.] :
International Monetary Fund,
©2009.
|
| Colección: | IMF working paper ;
WP/09/106. |
| Temas: | |
| Acceso en línea: | Texto completo |
MARC
| LEADER | 00000cam a2200000 a 4500 | ||
|---|---|---|---|
| 001 | EBOOKCENTRAL_ocn645463668 | ||
| 003 | OCoLC | ||
| 005 | 20240329122006.0 | ||
| 006 | m o d | ||
| 007 | cr cnu|||||||| | ||
| 008 | 100701s2009 dcua ob 000 0 eng d | ||
| 040 | |a CUS |b eng |e pn |c CUS |d E7B |d OCLCQ |d SNK |d OCLCQ |d OCLCA |d OCLCQ |d OCLCA |d OCLCF |d EBLCP |d MHW |d OCLCQ |d CUS |d AZK |d COCUF |d MERUC |d MOR |d CCO |d PIFAG |d ZCU |d OCLCQ |d U3W |d STF |d WRM |d CEF |d ICG |d VTS |d OCLCQ |d VT2 |d AU@ |d OCLCQ |d WYU |d DKC |d OCLCQ |d UKCRE |d BOL |d OCLCQ |d OCLCO |d OCLCQ |d OCL |d OCLCQ |d OCLCO |d OCLCL | ||
| 019 | |a 712987881 |a 764533329 |a 961521264 |a 962564230 |a 988478084 |a 991992401 |a 1037707822 |a 1038672149 |a 1045530579 |a 1055342047 |a 1081247479 |a 1107334699 |a 1114362311 |a 1153495871 |a 1202556796 |a 1228573356 | ||
| 029 | 1 | |a AU@ |b 000053015718 | |
| 029 | 1 | |a DEBBG |b BV044178523 | |
| 029 | 1 | |a NZ1 |b 14242706 | |
| 029 | 1 | |a AU@ |b 000073100230 | |
| 035 | |a (OCoLC)645463668 |z (OCoLC)712987881 |z (OCoLC)764533329 |z (OCoLC)961521264 |z (OCoLC)962564230 |z (OCoLC)988478084 |z (OCoLC)991992401 |z (OCoLC)1037707822 |z (OCoLC)1038672149 |z (OCoLC)1045530579 |z (OCoLC)1055342047 |z (OCoLC)1081247479 |z (OCoLC)1107334699 |z (OCoLC)1114362311 |z (OCoLC)1153495871 |z (OCoLC)1202556796 |z (OCoLC)1228573356 | ||
| 050 | 4 | |a HG3810 |b .I45 WP/09/106 | |
| 050 | 4 | |a HG3810 | |
| 082 | 0 | 4 | |a 339.52 |q OCoLC |2 22/eng/20230216 |
| 049 | |a UAMI | ||
| 100 | 1 | |a Corsetti, Giancarlo, |e author. | |
| 245 | 1 | 0 | |a Fiscal stimulus with spending reversals / |c prepared by Giancarlo Corsetti, André Meier, and Gernot J. Müller. |
| 260 | |a [Washington, D.C.] : |b International Monetary Fund, |c ©2009. | ||
| 300 | |a 1 online resource (39 pages) : |b color illustrations | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 340 | |g polychrome. |2 rdacc |0 http://rdaregistry.info/termList/RDAColourContent/1003 | ||
| 347 | |a text file |2 rdaft |0 http://rdaregistry.info/termList/fileType/1002 | ||
| 490 | 1 | |a IMF working paper ; |v WP/09/106 | |
| 504 | |a Includes bibliographical references (pages 29-32). | ||
| 588 | 0 | |a Print version record. | |
| 520 | |a The impact of fiscal stimulus depends not only on short-term tax and spending policies, but also on expectations about offsetting measures in the future. This paper analyzes the effects of an increase in government spending under a plausible debt-stabilizing policy that links current stimulus to a subsequent period of spending restraint. Accounting for such spending reversals brings an otherwise standard new Keynesian model in line with the stylized facts of fiscal transmission, including the crowding-in of consumption and the 'puzzle' of real exchange rate depreciation. Time series evidence f. | ||
| 505 | 0 | |a I. Introduction; II. Model; A. Final Good Firms; B. Intermediate Good Firms; C. Households; D. Government; E. Equilibrium; III. Fiscal Policy Transmission with Spending Reversals; A. Parameterization; Tables; 1. Parameterization of the Model; B. Quantitative Analysis; Figures; 1. Effect of Government Spending Shocks: Sticky Price vs. Flexible Price Allocation; 2. Effect of Government Spending Shocks: Debt-Stabilizing vs. Debt- Insensitive Spending Rule; 3. Effect of Government Spending Shocks: Model with Limited Participation in Asset Markets; IV. Time Series Evidence. | |
| 505 | 8 | |a A. VAR SpecificationB. Results; 4. Fiscal Policy Transmission According to VAR Model: Effects of VAR Shock; 5. Fiscal Policy Transmission According to VAR Model: Effects of Military Event; V. Conclusion; References; Appendices; I. More Simulation Results; Appendix Figures; A.1. Effect of Government Spending Shocks: Debt-Stabilizing vs. Debt- Insensitive Government Spending under Complete Markets; A.2. Effects of Government Spending Shocks: High Debt Elasticity of Interest Rates vs. Baseline; II. Data; III. Sensitivity Analysis of VAR Results. | |
| 505 | 8 | |a A.3. Fiscal Policy Transmission According to VAR Model: Effects of VAR Shock. Sensitivity AnalysisA. 4. Fiscal Policy Transmission According to VAR Model: Effects of Military Event. Sensitivity Analysis; A.5. Fiscal Policy Transmission According to VAR Model: Effects of VAR Shock in Nominal VAR; A.6. Fiscal Policy Transmission According to VAR Model: Effects of Military Event in Nominal VAR. | |
| 590 | |a ProQuest Ebook Central |b Ebook Central Academic Complete | ||
| 650 | 0 | |a Expenditures, Public. | |
| 650 | 0 | |a Fiscal policy. | |
| 650 | 0 | |a Transmission mechanism (Monetary policy) | |
| 650 | 0 | |a Foreign exchange rates. | |
| 650 | 0 | |a Money |v Tables. | |
| 650 | 6 | |a Dépenses publiques. | |
| 650 | 6 | |a Politique fiscale. | |
| 650 | 6 | |a Mécanismes de transmission (Politique monétaire) | |
| 650 | 6 | |a Taux de change. | |
| 650 | 7 | |a Money |2 fast | |
| 650 | 7 | |a Expenditures, Public |2 fast | |
| 650 | 7 | |a Fiscal policy |2 fast | |
| 650 | 7 | |a Foreign exchange rates |2 fast | |
| 650 | 7 | |a Transmission mechanism (Monetary policy) |2 fast | |
| 655 | 7 | |a tables (documents) |2 aat | |
| 655 | 7 | |a Tables (Data) |2 fast | |
| 655 | 7 | |a Tables |2 fast | |
| 655 | 7 | |a Tables (Data) |2 lcgft | |
| 655 | 7 | |a Tables (Données) |2 rvmgf | |
| 700 | 1 | |a Meier, Andre, |e author. | |
| 700 | 1 | |a Müller, Gernot, |d 1943- |e author. | |
| 710 | 2 | |a International Monetary Fund. |b European Department. | |
| 758 | |i has work: |a Fiscal stimulus with spending reversals (Text) |1 https://id.oclc.org/worldcat/entity/E39PCH3jKBFqpTCtMWgDqyx3Bd |4 https://id.oclc.org/worldcat/ontology/hasWork | ||
| 776 | 0 | 8 | |i Print version: |a Corsetti, Giancarlo. |t Fiscal stimulus with spending reversals. |d [Washington, D.C.] : International Monetary Fund, ©2009 |w (OCoLC)596430764 |
| 830 | 0 | |a IMF working paper ; |v WP/09/106. | |
| 856 | 4 | 0 | |u https://ebookcentral.uam.elogim.com/lib/uam-ebooks/detail.action?docID=1608278 |z Texto completo |
| 938 | |a EBL - Ebook Library |b EBLB |n EBL1608278 | ||
| 938 | |a ebrary |b EBRY |n ebr10369320 | ||
| 994 | |a 92 |b IZTAP | ||