Matches in SemOpenAlex for { <https://semopenalex.org/work/W3196361540> ?p ?o ?g. }
- W3196361540 endingPage "102493" @default.
- W3196361540 startingPage "102493" @default.
- W3196361540 abstract "We compute government spending multipliers for the Euro Area contingent on the interest-growth differential, the so-called r-g. Whether the fiscal shock occurs when r-g is positive or negative matters for the size of the multiplier. Median estimates vary conditional on the specification, but the difference between multipliers in the negative and positive r-g regimes differs systematically from zero with very high probability. Over the medium run (5 years), median cumulated multipliers range between 1.13 and 1.77 when r-g is negative, and between 0.54 and 1.26 when r-g is positive. We show that the results are not driven by the state of the business cycle, the monetary policy stance, or the level of government debt, and that the multiplier is inversely correlated with r-g. The calculations are based on the estimates of a factor-augmented interacted panel vector-autoregressive model. The econometric approach deals with several technical problems highlighted in the empirical macroeconomic literature, including the issues of fiscal foresight and limited information." @default.
- W3196361540 created "2021-09-13" @default.
- W3196361540 creator A5003448773 @default.
- W3196361540 creator A5065429608 @default.
- W3196361540 creator A5080532683 @default.
- W3196361540 date "2021-12-01" @default.
- W3196361540 modified "2023-09-26" @default.
- W3196361540 title "The impact of r-g on Euro-Area government spending multipliers" @default.
- W3196361540 cites W1492887676 @default.
- W3196361540 cites W1496491669 @default.
- W3196361540 cites W1588163064 @default.
- W3196361540 cites W1693808413 @default.
- W3196361540 cites W1905678139 @default.
- W3196361540 cites W1959097867 @default.
- W3196361540 cites W1969610664 @default.
- W3196361540 cites W1969886729 @default.
- W3196361540 cites W1970562500 @default.
- W3196361540 cites W2016547905 @default.
- W3196361540 cites W2020755669 @default.
- W3196361540 cites W2085706221 @default.
- W3196361540 cites W2088563154 @default.
- W3196361540 cites W2102661467 @default.
- W3196361540 cites W2134689741 @default.
- W3196361540 cites W2137289547 @default.
- W3196361540 cites W2139373044 @default.
- W3196361540 cites W2152481464 @default.
- W3196361540 cites W2308642214 @default.
- W3196361540 cites W2611001375 @default.
- W3196361540 cites W2617957753 @default.
- W3196361540 cites W2737194752 @default.
- W3196361540 cites W2777469795 @default.
- W3196361540 cites W2800061300 @default.
- W3196361540 cites W2918799501 @default.
- W3196361540 cites W3006229183 @default.
- W3196361540 cites W3015374251 @default.
- W3196361540 cites W3022527734 @default.
- W3196361540 cites W3030731509 @default.
- W3196361540 cites W3121351758 @default.
- W3196361540 cites W3123530756 @default.
- W3196361540 cites W3124727576 @default.
- W3196361540 cites W3124764581 @default.
- W3196361540 cites W3125912523 @default.
- W3196361540 cites W3137595086 @default.
- W3196361540 cites W3188673802 @default.
- W3196361540 cites W4213172041 @default.
- W3196361540 cites W4236754463 @default.
- W3196361540 doi "https://doi.org/10.1016/j.jimonfin.2021.102493" @default.
- W3196361540 hasPublicationYear "2021" @default.
- W3196361540 type Work @default.
- W3196361540 sameAs 3196361540 @default.
- W3196361540 citedByCount "0" @default.
- W3196361540 crossrefType "journal-article" @default.
- W3196361540 hasAuthorship W3196361540A5003448773 @default.
- W3196361540 hasAuthorship W3196361540A5065429608 @default.
- W3196361540 hasAuthorship W3196361540A5080532683 @default.
- W3196361540 hasConcept C100243477 @default.
- W3196361540 hasConcept C124584101 @default.
- W3196361540 hasConcept C126322002 @default.
- W3196361540 hasConcept C139719470 @default.
- W3196361540 hasConcept C149782125 @default.
- W3196361540 hasConcept C162324750 @default.
- W3196361540 hasConcept C2781030141 @default.
- W3196361540 hasConcept C2781300812 @default.
- W3196361540 hasConcept C2781356325 @default.
- W3196361540 hasConcept C34447519 @default.
- W3196361540 hasConcept C524878704 @default.
- W3196361540 hasConcept C71924100 @default.
- W3196361540 hasConcept C83873408 @default.
- W3196361540 hasConceptScore W3196361540C100243477 @default.
- W3196361540 hasConceptScore W3196361540C124584101 @default.
- W3196361540 hasConceptScore W3196361540C126322002 @default.
- W3196361540 hasConceptScore W3196361540C139719470 @default.
- W3196361540 hasConceptScore W3196361540C149782125 @default.
- W3196361540 hasConceptScore W3196361540C162324750 @default.
- W3196361540 hasConceptScore W3196361540C2781030141 @default.
- W3196361540 hasConceptScore W3196361540C2781300812 @default.
- W3196361540 hasConceptScore W3196361540C2781356325 @default.
- W3196361540 hasConceptScore W3196361540C34447519 @default.
- W3196361540 hasConceptScore W3196361540C524878704 @default.
- W3196361540 hasConceptScore W3196361540C71924100 @default.
- W3196361540 hasConceptScore W3196361540C83873408 @default.
- W3196361540 hasLocation W31963615401 @default.
- W3196361540 hasOpenAccess W3196361540 @default.
- W3196361540 hasPrimaryLocation W31963615401 @default.
- W3196361540 hasRelatedWork W1567834895 @default.
- W3196361540 hasRelatedWork W2022998261 @default.
- W3196361540 hasRelatedWork W2109760709 @default.
- W3196361540 hasRelatedWork W2156516472 @default.
- W3196361540 hasRelatedWork W2159166576 @default.
- W3196361540 hasRelatedWork W2594566550 @default.
- W3196361540 hasRelatedWork W2905928832 @default.
- W3196361540 hasRelatedWork W3013972020 @default.
- W3196361540 hasRelatedWork W3127396277 @default.
- W3196361540 hasRelatedWork W4213372080 @default.
- W3196361540 hasVolume "119" @default.
- W3196361540 isParatext "false" @default.
- W3196361540 isRetracted "false" @default.
- W3196361540 magId "3196361540" @default.