VoxEU Column Why fiscal multipliers estimates change over time and what determines their magnitude Atsushi Inoue Barbara Rossi Yiru Wang 14 Apr 2022 Macroeconomic policy Fiscal policy Fiscal multipliers Government spending Fiscal shocks Output
Discussion paper DP17134 Local Projections in Unstable Environments: How Effective is Fiscal Policy? Atsushi Inoue Barbara Rossi Yiru Wang 24 Mar 2022 Time variation Local projections Instability Path estimator Weighted average risk Fiscal policy Fiscal multiplier monetary policy Government spending Monetary Economics and Fluctuations C22 C26 C32 C36 C53
Discussion paper DP16137 The Dynamic Response of Municipal Budgets to Revenue Shocks Ines Helm Jan Stuhler 10 May 2021 Intergovernmental grants Fiscal transfers Government spending Local taxation Census shock Flypaper effect Public Economics H71 H72 H77 E62
VoxEU Column The 1918 influenza did not kill the US economy Efraim Benmelech Carola Frydman 29 Apr 2020 COVID-19 Economic history Spanish flu 1918 Influenza Covid-19 Us Government spending
Discussion paper DP14625 Big G Gernot Müller Ernesto Pasten Raphael Schoenle Michael Weber 16 Apr 2020 Government spending Federal procurement Granularity Sectoral heterogeneity Fiscal policy transmission monetary policy Monetary Economics and Fluctuations E62 E32
Discussion paper DP13950 Search Complementarities, Aggregate Fluctuations, and Fiscal Policy Jesus Fernandez-Villaverde Federico Mandelman Yang Yu Francesco Zanetti 23 Aug 2019 Aggregate fluctuations Strategic complementarities Macroeconomic volatility Government spending Monetary Economics and Fluctuations C63 C68 E32 E37 E44 G12
VoxEU Column Euro area budget rules on spending must avoid the pro-cyclicality trap Sebastian Barnes Eddie Casey 17 Jun 2019 EU policies Macroeconomic policy expenditure rules Output Procyclicality Government spending
Discussion paper DP13304 Regional Transfer Multipliers Raphael Corbi Elias Papaioannou Paolo Surico 6 Nov 2018 Natural experiment ‘fuzzy’ rd Government spending Employment Wages International Macroeconomics and Finance Monetary Economics and Fluctuations E62 H72 C26
VoxEU Column Fiscal space, government-spending, and tax-rate cyclicality patterns: A cross-country comparison, 1960–2016 Joshua Aizenman Yothin Jinjarak Hien Thi Kim Nguyen Donghyun Park 28 Sep 2018 Macroeconomic policy Taxation Fiscal space Government spending tax rate cyclicality Oecd
Discussion paper DP12430 Can Credit Rating Agencies Affect Election Outcomes? Miguel Ferreira Rui Silva 8 Nov 2017 Elections Credit ratings Financial constraints Municipal bonds Government spending Economic conditions Financial Economics D72 G24 H74
Discussion paper DP11707 Back to Basics: Basic Research Spillovers, Innovation Policy and Growth Ufuk Akcigit Douglas Hanley Nicolas Serrano-Velarde 12 Dec 2016 Productivity Innovation Basic research Applied research Research and development Government spending Endogenous growth Spillover Macroeconomics and Growth J82 L25 L50 O31 O38 O40
Discussion paper DP11662 Does federal contracting spur development? Federal contracts, income, output, and jobs in US cities Andrés Rodríguez-Pose Michiel Gerritse 25 Nov 2016 Federal contracting Government spending Jobs Wages Economic growth Urban development International Trade and Regional Economics R11 R38 O23 R58
