Then the multiplier of deficit spending on short-run output at ... Ivan,Werning - 《Working Paper》 被引量: 0发表: 2011年 Fiscal Policy, Monopolistic Competition, and Finite Lives The paper studies the short-run, transitional, and long-run output effects of permanent and temporary shocks in...
The Working of the Multiplier The Multiplier and Keynesian Economics The concept of the multiplier process became important in the 1930s when John Maynard Keynes suggested it as a tool to help governments to achieve full employment. This macroeconomic “demand-management approach”‚ designed to hel...
Breusch and Pagan’s multiplier test tells us that the random effect model is appropriate between OLS and Random Effects. The Hausman test explains the finest model from the second twofold models. In the end, AR and hetero-scedastic problems were resolved using 4–7 regression models, ...
This study estimates the local employment multiplier for the case of Korea by using two distinct geographic units of analyses: working vs. living areas. Empirical results show that the estimates based on residential areas are relatively larger. From IV results, each additional job in the ...
DH Autor,MJ Handel - 《Journal of Labor Economics》 被引量: 293发表: 2013年 Yale ICF Working Paper No . 04-32 Arturo Bris The Value of Investor Protection : Firm Evidence from Cross — Border Mergers International law prescribes that in a cross-border acquisition of 100% of the target ...
64.SIMPLE ANALYTICS OF THE GOVERNMENT EXPENDITURE MULTIPLIER 机译:政府支出乘数的简单分析 作者:Michael Woodford 期刊名称:《Working Paper Series》 | 2010年第15714期 65.GREAT INFLATION AND CENTRAL BANK INDEPENDENCE IN JAPAN 机译:日本的通货膨胀与中央银行独立性 作者:Takatoshi Ito 期刊名称:《Working ...
It appears that partners are selected on the basis of ... G Duysters,C Lemmens,G Duysters,... 被引量: 0发表: 2013年 NBER WORKING PAPER SERIES WHEN IS THE GOVERNMENT SPENDING MULTIPLIER LARGE? We argue that the government-spending multiplier can be much larger than one when the zero ...
More people living and working locally means more jobs will be created in these areas, a multiplier effect which will help transform and sustain local communities. For employers, it also means a wider pool of talent to draw from, as they are not limited by location. “For employers in ...
scalmultiplier depends whichtaxes distortionary.We interpret our results bettermodeling taxshocks waytaxes businesscycle structuralVAR models. ECBWorking Paper Series 877March 2008 recentyears vector autoregressive (VAR) models have become maineconometric tool …scalpolicy shocks. While consensusview has ...
o CENTRAL BANK OF ICELAND N New Perspectives on Depreciation Shocks as a Source of Business Cycle Fluctuations By Francesco Furlanetto and Martin Seneca July 2010 Central Bank of Iceland Working Papers are published by the Economics Departments of the Central Bank of Iceland. The views expressed in...