Matches in SemOpenAlex for { <https://semopenalex.org/work/W3037443288> ?p ?o ?g. }
- W3037443288 abstract "We take the neoclassical perspective and apply the business cycle accounting method as proposed by Chari, Kehoe, and McGrattan (2007, Econometrica) for the Great Recession and the associated stimulus program in Germany 2008-2009. We include wedges to the variables government consumption, durables, investment, labor, net exports, and efficiency. The results suggest: The crisis was mainly driven by the efficiency wedge, followed by the net exports and the investment wedge. The government consumption wedge and in particular the durables wedge acted counter-cyclical. We attribute the latter to an internationally incomparably large cash for clunkers program and conclude that this subsidy on durable goods was more effective than pure government consumption. We introduce a strategy for likelihood maximization, which reliably and quickly locates the maximum; enables a detailed evaluation of the likelihood function and allows large robustness checks." @default.
- W3037443288 created "2020-07-02" @default.
- W3037443288 creator A5028217481 @default.
- W3037443288 creator A5030521732 @default.
- W3037443288 date "2020-06-01" @default.
- W3037443288 modified "2023-09-27" @default.
- W3037443288 title "Business cycle accounting for the German fiscal stimulus program during the Great Recession" @default.
- W3037443288 cites W1499235602 @default.
- W3037443288 cites W1508198902 @default.
- W3037443288 cites W1603604196 @default.
- W3037443288 cites W1984257970 @default.
- W3037443288 cites W1989864366 @default.
- W3037443288 cites W2009492112 @default.
- W3037443288 cites W2017922583 @default.
- W3037443288 cites W2042499555 @default.
- W3037443288 cites W2044303862 @default.
- W3037443288 cites W2105268279 @default.
- W3037443288 cites W2106827741 @default.
- W3037443288 cites W2154427296 @default.
- W3037443288 cites W2173546011 @default.
- W3037443288 cites W2223741282 @default.
- W3037443288 cites W2501556601 @default.
- W3037443288 cites W2532246340 @default.
- W3037443288 cites W2611251773 @default.
- W3037443288 cites W2810846392 @default.
- W3037443288 cites W3122045129 @default.
- W3037443288 cites W3125821278 @default.
- W3037443288 cites W3125979221 @default.
- W3037443288 cites W3126006960 @default.
- W3037443288 cites W3146166473 @default.
- W3037443288 hasPublicationYear "2020" @default.
- W3037443288 type Work @default.
- W3037443288 sameAs 3037443288 @default.
- W3037443288 citedByCount "0" @default.
- W3037443288 crossrefType "posted-content" @default.
- W3037443288 hasAuthorship W3037443288A5028217481 @default.
- W3037443288 hasAuthorship W3037443288A5030521732 @default.
- W3037443288 hasConcept C104317684 @default.
- W3037443288 hasConcept C139719470 @default.
- W3037443288 hasConcept C15744967 @default.
- W3037443288 hasConcept C162324750 @default.
- W3037443288 hasConcept C166955791 @default.
- W3037443288 hasConcept C175444787 @default.
- W3037443288 hasConcept C185592680 @default.
- W3037443288 hasConcept C195742910 @default.
- W3037443288 hasConcept C199360897 @default.
- W3037443288 hasConcept C2776330181 @default.
- W3037443288 hasConcept C2779918689 @default.
- W3037443288 hasConcept C34447519 @default.
- W3037443288 hasConcept C41008148 @default.
- W3037443288 hasConcept C542102704 @default.
- W3037443288 hasConcept C55493867 @default.
- W3037443288 hasConcept C556758197 @default.
- W3037443288 hasConcept C61933577 @default.
- W3037443288 hasConcept C63479239 @default.
- W3037443288 hasConcept C83873408 @default.
- W3037443288 hasConcept C84265765 @default.
- W3037443288 hasConceptScore W3037443288C104317684 @default.
- W3037443288 hasConceptScore W3037443288C139719470 @default.
- W3037443288 hasConceptScore W3037443288C15744967 @default.
- W3037443288 hasConceptScore W3037443288C162324750 @default.
- W3037443288 hasConceptScore W3037443288C166955791 @default.
- W3037443288 hasConceptScore W3037443288C175444787 @default.
- W3037443288 hasConceptScore W3037443288C185592680 @default.
- W3037443288 hasConceptScore W3037443288C195742910 @default.
- W3037443288 hasConceptScore W3037443288C199360897 @default.
- W3037443288 hasConceptScore W3037443288C2776330181 @default.
- W3037443288 hasConceptScore W3037443288C2779918689 @default.
- W3037443288 hasConceptScore W3037443288C34447519 @default.
- W3037443288 hasConceptScore W3037443288C41008148 @default.
- W3037443288 hasConceptScore W3037443288C542102704 @default.
- W3037443288 hasConceptScore W3037443288C55493867 @default.
- W3037443288 hasConceptScore W3037443288C556758197 @default.
- W3037443288 hasConceptScore W3037443288C61933577 @default.
- W3037443288 hasConceptScore W3037443288C63479239 @default.
- W3037443288 hasConceptScore W3037443288C83873408 @default.
- W3037443288 hasConceptScore W3037443288C84265765 @default.
- W3037443288 hasLocation W30374432881 @default.
- W3037443288 hasOpenAccess W3037443288 @default.
- W3037443288 hasPrimaryLocation W30374432881 @default.
- W3037443288 hasRelatedWork W1480923367 @default.
- W3037443288 hasRelatedWork W1484005340 @default.
- W3037443288 hasRelatedWork W1573368964 @default.
- W3037443288 hasRelatedWork W1596291571 @default.
- W3037443288 hasRelatedWork W1858540929 @default.
- W3037443288 hasRelatedWork W1897593013 @default.
- W3037443288 hasRelatedWork W1898782032 @default.
- W3037443288 hasRelatedWork W2045775857 @default.
- W3037443288 hasRelatedWork W2146835308 @default.
- W3037443288 hasRelatedWork W2171310664 @default.
- W3037443288 hasRelatedWork W2267621685 @default.
- W3037443288 hasRelatedWork W2268710882 @default.
- W3037443288 hasRelatedWork W2355949484 @default.
- W3037443288 hasRelatedWork W2751758487 @default.
- W3037443288 hasRelatedWork W2759179453 @default.
- W3037443288 hasRelatedWork W2794222903 @default.
- W3037443288 hasRelatedWork W2795888975 @default.
- W3037443288 hasRelatedWork W3121284031 @default.
- W3037443288 hasRelatedWork W3124273969 @default.
- W3037443288 hasRelatedWork W3125405841 @default.