Matches in SemOpenAlex for { <https://semopenalex.org/work/W3202108164> ?p ?o ?g. }
Showing items 1 to 72 of
72
with 100 items per page.
- W3202108164 abstract "I introduce the real cost channel in the benchmark New Keynesian model to study government spending multipliers. Even though this new model shows previous evidence that the output gap multiplier in normal times can be overestimated by ignoring the cost channel, I provide a simple Markov chain representation closed-form solution. Nevertheless, in liquidity traps, it fundamentally departs from previous implications with the nominal cost channel that the deflation pressure can be exacerbated in the presence of real cost channel and then the output gap multiplier can be lower. In particular, after the zero lower bound has subsided, the long-run government spending policy is favored since it can enlarge the short term output gap multiplier. Finally, I leverage this new framework to confirm the robust role of the real cost channel on policy multipliers." @default.
- W3202108164 created "2021-10-11" @default.
- W3202108164 creator A5002249356 @default.
- W3202108164 date "2021-01-01" @default.
- W3202108164 modified "2023-09-25" @default.
- W3202108164 title "Government Spending Multipliers with the Real Cost Channel" @default.
- W3202108164 doi "https://doi.org/10.2139/ssrn.3930472" @default.
- W3202108164 hasPublicationYear "2021" @default.
- W3202108164 type Work @default.
- W3202108164 sameAs 3202108164 @default.
- W3202108164 citedByCount "0" @default.
- W3202108164 crossrefType "journal-article" @default.
- W3202108164 hasAuthorship W3202108164A5002249356 @default.
- W3202108164 hasConcept C100243477 @default.
- W3202108164 hasConcept C10688316 @default.
- W3202108164 hasConcept C119857082 @default.
- W3202108164 hasConcept C124584101 @default.
- W3202108164 hasConcept C126255220 @default.
- W3202108164 hasConcept C126285488 @default.
- W3202108164 hasConcept C139719470 @default.
- W3202108164 hasConcept C149782125 @default.
- W3202108164 hasConcept C153083717 @default.
- W3202108164 hasConcept C162324750 @default.
- W3202108164 hasConcept C183582576 @default.
- W3202108164 hasConcept C189259953 @default.
- W3202108164 hasConcept C2778078003 @default.
- W3202108164 hasConcept C2779513878 @default.
- W3202108164 hasConcept C2781356325 @default.
- W3202108164 hasConcept C33923547 @default.
- W3202108164 hasConcept C34447519 @default.
- W3202108164 hasConcept C41008148 @default.
- W3202108164 hasConcept C73684929 @default.
- W3202108164 hasConcept C8112001 @default.
- W3202108164 hasConcept C8573378 @default.
- W3202108164 hasConceptScore W3202108164C100243477 @default.
- W3202108164 hasConceptScore W3202108164C10688316 @default.
- W3202108164 hasConceptScore W3202108164C119857082 @default.
- W3202108164 hasConceptScore W3202108164C124584101 @default.
- W3202108164 hasConceptScore W3202108164C126255220 @default.
- W3202108164 hasConceptScore W3202108164C126285488 @default.
- W3202108164 hasConceptScore W3202108164C139719470 @default.
- W3202108164 hasConceptScore W3202108164C149782125 @default.
- W3202108164 hasConceptScore W3202108164C153083717 @default.
- W3202108164 hasConceptScore W3202108164C162324750 @default.
- W3202108164 hasConceptScore W3202108164C183582576 @default.
- W3202108164 hasConceptScore W3202108164C189259953 @default.
- W3202108164 hasConceptScore W3202108164C2778078003 @default.
- W3202108164 hasConceptScore W3202108164C2779513878 @default.
- W3202108164 hasConceptScore W3202108164C2781356325 @default.
- W3202108164 hasConceptScore W3202108164C33923547 @default.
- W3202108164 hasConceptScore W3202108164C34447519 @default.
- W3202108164 hasConceptScore W3202108164C41008148 @default.
- W3202108164 hasConceptScore W3202108164C73684929 @default.
- W3202108164 hasConceptScore W3202108164C8112001 @default.
- W3202108164 hasConceptScore W3202108164C8573378 @default.
- W3202108164 hasLocation W32021081641 @default.
- W3202108164 hasOpenAccess W3202108164 @default.
- W3202108164 hasPrimaryLocation W32021081641 @default.
- W3202108164 hasRelatedWork W105625521 @default.
- W3202108164 hasRelatedWork W29170179 @default.
- W3202108164 hasRelatedWork W41117397 @default.
- W3202108164 hasRelatedWork W51115156 @default.
- W3202108164 hasRelatedWork W76203439 @default.
- W3202108164 hasRelatedWork W80233159 @default.
- W3202108164 hasRelatedWork W94980384 @default.
- W3202108164 hasRelatedWork W96523666 @default.
- W3202108164 hasRelatedWork W99687756 @default.
- W3202108164 hasRelatedWork W75505965 @default.
- W3202108164 isParatext "false" @default.
- W3202108164 isRetracted "false" @default.
- W3202108164 magId "3202108164" @default.
- W3202108164 workType "article" @default.