메뉴 건너뛰기




Volumn 26, Issue 67, 2011, Pages 493-549

Keynesian government spending multipliers and spillovers in the euro area

Author keywords

[No Author keywords available]

Indexed keywords

EMPIRICAL ANALYSIS; FINANCIAL CRISIS; FISCAL POLICY; GROSS DOMESTIC PRODUCT; KEYNESIAN THEORY; MACROECONOMICS; MODELING; SPILLOVER EFFECT;

EID: 79960519053     PISSN: 02664658     EISSN: 14680327     Source Type: Journal    
DOI: 10.1111/j.1468-0327.2011.00268.x     Document Type: Article
Times cited : (78)

References (81)
  • 1
    • 79960537956 scopus 로고    scopus 로고
    • 'Fiscal policy and growth: do financial crises make a difference?', ECB Working Paper Series No. 1217.
    • Afonso, A., H.P. Grüner and C. Kolerus (2010). 'Fiscal policy and growth: do financial crises make a difference?', ECB Working Paper Series No. 1217.
    • (2010)
    • Afonso, A.1    Grüner, H.P.2    Kolerus, C.3
  • 2
    • 77953032111 scopus 로고    scopus 로고
    • From great depression to great credit crisis: similarities, differences and lessons
    • Almunia, M., A. Bénétrix, B. Eichengreen, K.H. O'Rourke and G. Rua (2010). 'From great depression to great credit crisis: similarities, differences and lessons', Economic Policy, 25, 219-65.
    • (2010) Economic Policy , vol.25 , pp. 219-265
    • Almunia, M.1    Bénétrix, A.2    Eichengreen, B.3    O'Rourke, K.H.4    Rua, G.5
  • 3
    • 79960489529 scopus 로고    scopus 로고
    • Financial markets' behavior around episodes of large changes in the fiscal stance', ECB Working Paper No. 390.
    • Ardagna, S. (2004). 'Financial markets' behavior around episodes of large changes in the fiscal stance', ECB Working Paper No. 390.
    • (2004)
    • Ardagna, S.1
  • 4
    • 3042545392 scopus 로고    scopus 로고
    • Macroeconomic policy in Europe: experiments with monetary responses and fiscal impulses
    • Barrell, R., D. Holland, I. Liadze, O. Pomerantz, et al. (2004). 'Macroeconomic policy in Europe: experiments with monetary responses and fiscal impulses', Economic Modelling, 21, 877-931.
    • (2004) Economic Modelling , vol.21 , pp. 877-931
    • Barrell, R.1    Holland, D.2    Liadze, I.3    Pomerantz, O.4
  • 5
    • 62649100299 scopus 로고    scopus 로고
    • Voodoo multipliers
    • article 5.
    • Barro, R. (2009). 'Voodoo multipliers', Economist's Voice, 6(2), article 5.
    • (2009) Economist's Voice , vol.6 , Issue.2
    • Barro, R.1
  • 6
    • 33749366805 scopus 로고    scopus 로고
    • Trade spill-overs of fiscal policy in the european union: a panel analysis
    • Beetsma, R., M. Giuliodori and F. Klaassen (2006). 'Trade spill-overs of fiscal policy in the european union: a panel analysis', Economic Policy, 21(48), 639-87.
    • (2006) Economic Policy , vol.21 , Issue.48 , pp. 639-687
    • Beetsma, R.1    Giuliodori, M.2    Klaassen, F.3
  • 7
    • 0036866084 scopus 로고    scopus 로고
    • An empirical characterization of the dynamic effects of changes in government spending and taxes on output
    • Blanchard, O., and R. Perotti (2002). 'An empirical characterization of the dynamic effects of changes in government spending and taxes on output', Quarterly Journal of Economics, 117, 1329-68.
    • (2002) Quarterly Journal of Economics , vol.117 , pp. 1329-1368
    • Blanchard, O.1    Perotti, R.2
  • 8
    • 79960513244 scopus 로고    scopus 로고
    • 'The effects of foreign shocks when interest rates are at zero', International Finance Discussion Papers.
    • Bodenstein, M., C.J. Erceg and L. Guerrieri (2009). 'The effects of foreign shocks when interest rates are at zero', International Finance Discussion Papers.
    • (2009)
    • Bodenstein, M.1    Erceg, C.J.2    Guerrieri, L.3
  • 9
    • 79960537724 scopus 로고    scopus 로고
    • 'Deutsche Privathaushalte in der Finanz- und Wirtschaftskrise - Betroffenheit und Reaktionen', MEA Studies 10.
    • Boersch-Supan, A., T. Bucher-Koenen, M. Gasche and M. Ziegelmeyer (2010). 'Deutsche Privathaushalte in der Finanz- und Wirtschaftskrise - Betroffenheit und Reaktionen', MEA Studies 10.
    • (2010)
    • Boersch-Supan, A.1    Bucher-Koenen, T.2    Gasche, M.3    Ziegelmeyer, M.4
  • 12
    • 79960535631 scopus 로고    scopus 로고
    • 'When is the government spending multiplier large?', NBER Working Paper 15394.
    • Christiano, L.J., M. Eichenbaum and S. Rebelo (2009). 'When is the government spending multiplier large?', NBER Working Paper 15394.
    • (2009)
    • Christiano, L.J.1    Eichenbaum, M.2    Rebelo, S.3
  • 13
    • 15844392342 scopus 로고    scopus 로고
    • Nominal rigidities and the dynamic effects of a shock to monetary policy
    • Christiano, L.J., M. Eichenbaum and C. L. Evans (2005). 'Nominal rigidities and the dynamic effects of a shock to monetary policy', Journal of Political Economy, 113 (1), 1-45.
    • (2005) Journal of Political Economy , vol.113 , Issue.1 , pp. 1-45
    • Christiano, L.J.1    Eichenbaum, M.2    Evans, C.L.3
  • 14
    • 79960539937 scopus 로고    scopus 로고
    • 'The new area-wide model of the euro area: a microfounded open-economy model for forecasting and policy analysis', ECB Working Paper 944.
    • Christoffel, K., G. Coenen and A. Warne (2008). 'The new area-wide model of the euro area: a microfounded open-economy model for forecasting and policy analysis', ECB Working Paper 944.
    • (2008)
    • Christoffel, K.1    Coenen, G.2    Warne, A.3
  • 15
    • 33747063018 scopus 로고    scopus 로고
    • Does government spending crowd in private consumption? Theory and empirical evidence for the euro area
    • Coenen, G. and R. Straub (2005). 'Does government spending crowd in private consumption? Theory and empirical evidence for the euro area', International Finance, 8(3), 435-70.
    • (2005) International Finance , vol.8 , Issue.3 , pp. 435-470
    • Coenen, G.1    Straub, R.2
  • 16
    • 0041573263 scopus 로고    scopus 로고
    • The zero-interest-rate bound and the role of the exchange rate for monetary policy in Japan
    • Coenen, G. and V. Wieland (2003). 'The zero-interest-rate bound and the role of the exchange rate for monetary policy in Japan', Journal of Monetary Economics, 50(5), 1071-101.
    • (2003) Journal of Monetary Economics , vol.50 , Issue.5 , pp. 1071-1101
    • Coenen, G.1    Wieland, V.2
  • 17
    • 14844360443 scopus 로고    scopus 로고
    • Price stability and monetary policy effectiveness when nominal interest rates are bounded at zero
    • Article 1, January.
    • Coenen, G., A. Orphanides and V. Wieland (2004). 'Price stability and monetary policy effectiveness when nominal interest rates are bounded at zero', Berkeley Electronic Press: Advances in Macroeconomics 4, issue 1, Article 1, January.
    • (2004) Berkeley Electronic Press: Advances in Macroeconomics , vol.4 , Issue.1
    • Coenen, G.1    Orphanides, A.2    Wieland, V.3
  • 18
    • 79960487083 scopus 로고    scopus 로고
    • Effects of fiscal stimulus in structural models', IMF Working Papers.
    • Coenen, G., C.J. Erceg, C. Freedman, D. Furceri, et al. (2010). 'Effects of fiscal stimulus in structural models', IMF Working Papers.
    • (2010)
    • Coenen, G.1    Erceg, C.J.2    Freedman, C.3    Furceri, D.4
  • 20
    • 79960493086 scopus 로고    scopus 로고
    • 'What the government purchases multiplier actually multiplied in the 2009 stimulus package', NBER Working Paper 16505.
    • Cogan, J.F. and J.B. Taylor (2010). 'What the government purchases multiplier actually multiplied in the 2009 stimulus package', NBER Working Paper 16505.
    • (2010)
    • Cogan, J.F.1    Taylor, J.B.2
  • 21
    • 79960517693 scopus 로고    scopus 로고
    • 'Fiscal stimulus with spending reversals', IMF Working Paper 09/106.
    • Corsetti, G., A. Meier and G. Mueller (2009). 'Fiscal stimulus with spending reversals', IMF Working Paper 09/106.
    • (2009)
    • Corsetti, G.1    Meier, A.2    Mueller, G.3
  • 23
    • 44949119489 scopus 로고    scopus 로고
    • Productivity and global imbalances: the role of nontradable total factor productivity in advanced economies
    • Cova, P., M. Pisani, N. Batini and A. Rebucci (2008). 'Productivity and global imbalances: the role of nontradable total factor productivity in advanced economies', IMF Staff Papers, 55(2).
    • (2008) IMF Staff Papers , vol.55 , Issue.2
    • Cova, P.1    Pisani, M.2    Batini, N.3    Rebucci, A.4
  • 24
    • 79960531986 scopus 로고    scopus 로고
    • 'An evaluation of simultaneous expansionary fiscal measures based on two models for the world economy', mimeo, May, Bank of Italy.
    • Cova, P., F. Paternò and M. Pisani (2009). 'An evaluation of simultaneous expansionary fiscal measures based on two models for the world economy', mimeo, May, Bank of Italy.
    • (2009)
    • Cova, P.1    Paternò, F.2    Pisani, M.3
  • 25
    • 79960553360 scopus 로고    scopus 로고
    • CEPR Discussion Paper No. 7389, July.
    • Cwik, T. and V. Wieland (2009). CEPR Discussion Paper No. 7389, July.
    • (2009)
    • Cwik, T.1    Wieland, V.2
  • 26
    • 79960524152 scopus 로고    scopus 로고
    • 'Gauging risks for deflation', IMF Staff Position Note 09/01.
    • Decressin, J. and D. Laxton (2009). 'Gauging risks for deflation', IMF Staff Position Note 09/01.
    • (2009)
    • Decressin, J.1    Laxton, D.2
  • 27
    • 24944497713 scopus 로고    scopus 로고
    • Optimal monetary policy rules for the euro area: an analysis using the area wide model
    • Dieppe, A., K. Kuester and P. McAdam (2005). 'Optimal monetary policy rules for the euro area: an analysis using the area wide model', Journal of Common Market Studies, 43(3), 507-37.
    • (2005) Journal of Common Market Studies , vol.43 , Issue.3 , pp. 507-537
    • Dieppe, A.1    Kuester, K.2    McAdam, P.3
  • 28
    • 12144284568 scopus 로고    scopus 로고
    • An area-wide model for the euro area
    • Fagan, G., J. Henry and R. Mestre (2005). 'An area-wide model for the euro area', Economic Modelling, 22, 39-59.
    • (2005) Economic Modelling , vol.22 , pp. 39-59
    • Fagan, G.1    Henry, J.2    Mestre, R.3
  • 29
    • 0001317255 scopus 로고
    • Solution and maximum likelihood estimation of dynamic nonlinear rational expectations models
    • Fair, R. and J. Taylor (1983). 'Solution and maximum likelihood estimation of dynamic nonlinear rational expectations models', Econometrica, 51, 1169-85.
    • (1983) Econometrica , vol.51 , pp. 1169-1185
    • Fair, R.1    Taylor, J.2
  • 30
    • 79960484210 scopus 로고    scopus 로고
    • 'The effects of fiscal policy on consumption and employment: theory and evidence', CEPR Discussion Papers 2760.
    • Fatas, A. and I. Mihov (2001). 'The effects of fiscal policy on consumption and employment: theory and evidence', CEPR Discussion Papers 2760.
    • (2001)
    • Fatas, A.1    Mihov, I.2
  • 31
    • 61549110200 scopus 로고    scopus 로고
    • The general equilibrium effects of fiscal policy: estimates for the euro area
    • Forni, L., L. Monteforte and L. Sessa (2009). 'The general equilibrium effects of fiscal policy: estimates for the euro area', Journal of Public Economics, 93, 559-85.
    • (2009) Journal of Public Economics , vol.93 , pp. 559-585
    • Forni, L.1    Monteforte, L.2    Sessa, L.3
  • 33
    • 79960533626 scopus 로고    scopus 로고
    • French Ministry of Finance (). 'French stability programme 2009-2012.
    • French Ministry of Finance (2009). 'French stability programme 2009-2012.
    • (2009)
  • 36
    • 33646467175 scopus 로고    scopus 로고
    • Princeton University Press, Princeton, NJ.
    • Hansen, L.P. and T.J. Sargent (2007). Robustness, Princeton University Press, Princeton, NJ.
    • (2007) Robustness
    • Hansen, L.P.1    Sargent, T.J.2
  • 37
    • 79960538382 scopus 로고    scopus 로고
    • 'The short-term impact of government budgets on prices: evidence from macroeconometric models', ECB Working Paper Series No 396.
    • Henry, J., P.H. de Cos and S. Momigliano (2004). 'The short-term impact of government budgets on prices: evidence from macroeconometric models', ECB Working Paper Series No 396.
    • (2004)
    • Henry, J.1    de Cos, P.H.2    Momigliano, S.3
  • 38
    • 84881691334 scopus 로고    scopus 로고
    • EMU macroeconomic model comparison exercise for the Euroconference, 7-8 June 2002
    • Hughes-Hallett, A. and K.F. Wallis (eds) (). ''
    • Hughes-Hallett, A. and K.F. Wallis (eds) (2004). 'EMU macroeconomic model comparison exercise for the Euroconference, 7-8 June 2002', Economic Modelling, 21(5).
    • (2004) Economic Modelling , vol.21 , Issue.5
  • 39
    • 79960553948 scopus 로고    scopus 로고
    • Dynare: a program for the resolution and simulation of dynamic models with forward variables through the use of a relaxation algorithm', CEPREMAP Working Paper 9602.
    • Juillard, M. (1996). 'Dynare: a program for the resolution and simulation of dynamic models with forward variables through the use of a relaxation algorithm', CEPREMAP Working Paper 9602.
    • (1996)
    • Juillard, M.1
  • 40
    • 0032243738 scopus 로고    scopus 로고
    • It's baaack: Japan's slump and the return of the liquidity trap
    • 1998-2
    • Krugman, P.R. (1998). 'It's baaack: Japan's slump and the return of the liquidity trap', Brookings Papers on Economic Activity, 29(1998-2), 137-206.
    • (1998) Brookings Papers on Economic Activity , vol.29 , pp. 137-206
    • Krugman, P.R.1
  • 42
    • 79960489121 scopus 로고    scopus 로고
    • 'A party without a hangover? On the effects of U.S. government deficits', IMF Working Paper 07/202.
    • Kumhof, M. and D. Laxton (2007). 'A party without a hangover? On the effects of U.S. government deficits', IMF Working Paper 07/202.
    • (2007)
    • Kumhof, M.1    Laxton, D.2
  • 43
    • 0042164207 scopus 로고    scopus 로고
    • Monetary rules for small, open emerging economies
    • Laxton, D. and P. Pesenti (2003). 'Monetary rules for small, open emerging economies', Journal of Monetary Economics, 50, 1109-1146.
    • (2003) Journal of Monetary Economics , vol.50 , pp. 1109-1146
    • Laxton, D.1    Pesenti, P.2
  • 44
    • 79960498358 scopus 로고    scopus 로고
    • 'Multimod mark III the core dynamic and steady-state models', IMF Occasional Paper No. 164.
    • Laxton, D., P. Isard, H. Faruqee, E. Prasad and B. Turtelboom (1998). 'Multimod mark III the core dynamic and steady-state models', IMF Occasional Paper No. 164.
    • (1998)
    • Laxton, D.1    Isard, P.2    Faruqee, H.3    Prasad, E.4    Turtelboom, B.5
  • 45
    • 79960528574 scopus 로고    scopus 로고
    • 'Government investment and fiscal stimulus in the short and long runs', NBER Working Paper 15153.
    • Leeper, E., T. Walker and S.-C. Yang (2009). 'Government investment and fiscal stimulus in the short and long runs', NBER Working Paper 15153.
    • (2009)
    • Leeper, E.1    Walker, T.2    Yang, S.-C.3
  • 46
    • 79960511623 scopus 로고    scopus 로고
    • Inflation targeting and the liquidity trap', Central Bank of Chile Working Paper.
    • McCallum, B.T. (2002). 'Inflation targeting and the liquidity trap', Central Bank of Chile Working Paper.
    • (2002)
    • McCallum, B.T.1
  • 47
    • 79960513243 scopus 로고    scopus 로고
    • 'The effects of fiscal stimulus: evidence from the 2009 "cash for clunkers" program', NBER Working Paper 16351.
    • Mian, A. and A. Sufi (2010). 'The effects of fiscal stimulus: evidence from the 2009 "cash for clunkers" program', NBER Working Paper 16351.
    • (2010)
    • Mian, A.1    Sufi, A.2
  • 48
    • 70349814602 scopus 로고    scopus 로고
    • What are the effects of fiscal policy shocks?
    • Mountford, A. and H. Uhlig (2009). 'What are the effects of fiscal policy shocks? Journal of Applied Econometrics, 24, 960-92.
    • (2009) Journal of Applied Econometrics , vol.24 , pp. 960-992
    • Mountford, A.1    Uhlig, H.2
  • 49
    • 79960549387 scopus 로고    scopus 로고
    • 'Price stability and monetary policy effectiveness when nominal interest rates are bounded at zero', Finance and Economics Discussion Series, 1998-3.
    • Orphanides, A. and V. Wieland (1998). 'Price stability and monetary policy effectiveness when nominal interest rates are bounded at zero', Finance and Economics Discussion Series, 1998-3.
    • (1998)
    • Orphanides, A.1    Wieland, V.2
  • 51
    • 79960515381 scopus 로고    scopus 로고
    • Estimating the effects of fiscal policy in OECD countries', CEPR Discussion Paper 4842.
    • Perotti, R. (2005). 'Estimating the effects of fiscal policy in OECD countries', CEPR Discussion Paper 4842.
    • (2005)
    • Perotti, R.1
  • 52
    • 44949144006 scopus 로고    scopus 로고
    • The global economy model: theoretical framework
    • Pesenti, P. (2008). 'The global economy model: theoretical framework', IMF Staff Papers, 55.
    • (2008) IMF Staff Papers , vol.55
    • Pesenti, P.1
  • 53
    • 79960504306 scopus 로고    scopus 로고
    • Identifying government spending shocks: it's all in the timing', NBER Working Paper 15464.
    • Ramey, V. (2009). 'Identifying government spending shocks: it's all in the timing', NBER Working Paper 15464.
    • (2009)
    • Ramey, V.1
  • 54
    • 79960485883 scopus 로고    scopus 로고
    • 'Costly capital reallocation and the effects of government spending', Carnegie Rochester Conference on Public Policy.
    • Ramey, V. and M. Shapiro (1998). 'Costly capital reallocation and the effects of government spending', Carnegie Rochester Conference on Public Policy.
    • (1998)
    • Ramey, V.1    Shapiro, M.2
  • 55
    • 57349198094 scopus 로고    scopus 로고
    • Quest III: an estimated open-economy DSGE model of the euro area with fiscal and monetary policy
    • Ratto, M., W. Roeger and J. in't Veld (2009). 'Quest III: an estimated open-economy DSGE model of the euro area with fiscal and monetary policy', Economic Modelling, 26(1), 222-33.
    • (2009) Economic Modelling , vol.26 , Issue.1 , pp. 222-233
    • Ratto, M.1    Roeger, W.2    in't Veld, J.3
  • 57
    • 79960494335 scopus 로고    scopus 로고
    • 'Fiscal policy with credit constrained households', Working Paper.
    • Roeger, W. and J. in't Veld (2009). 'Fiscal policy with credit constrained households', Working Paper.
    • (2009)
    • Roeger, W.1    in't Veld, J.2
  • 58
    • 79960486302 scopus 로고    scopus 로고
    • 'The job impact of the American recovery and reinvestment plan', Washington DC, January.
    • Romer, C. and J. Bernstein (2009). 'The job impact of the American recovery and reinvestment plan', Washington DC, January.
    • (2009)
    • Romer, C.1    Bernstein, J.2
  • 60
    • 79960514954 scopus 로고    scopus 로고
    • Sachverständigenrat (). 'Die Zukunft nicht aufs Spiel setzen', Jahresgutachten 2009/10, Wiesbaden, November.
    • Sachverständigenrat (2009). 'Die Zukunft nicht aufs Spiel setzen', Jahresgutachten 2009/10, Wiesbaden, November.
    • (2009)
  • 61
    • 79960517692 scopus 로고    scopus 로고
    • 'Estimating the size of the European stimulus packages for 2009 an update', Briefing Paper for the Annual Meeting of the Committee on Economic and Monetary Affairs with the National Parliaments on 11-12 February 2009 at the European Parliament in Brussels.
    • Saha, D. and J. von Weizsäcker (2009). 'Estimating the size of the European stimulus packages for 2009 an update', Briefing Paper for the Annual Meeting of the Committee on Economic and Monetary Affairs with the National Parliaments on 11-12 February 2009 at the European Parliament in Brussels.
    • (2009)
    • Saha, D.1    von Weizsäcker, J.2
  • 62
    • 79960542893 scopus 로고    scopus 로고
    • 'Check in the mail or more in the paycheck: does the effectiveness of fiscal stimulus depend on how it is delivered?' NBER Working Paper 16246.
    • Sahm, C., M. Shapiro and J. Slemrod (2010). 'Check in the mail or more in the paycheck: does the effectiveness of fiscal stimulus depend on how it is delivered?' NBER Working Paper 16246.
    • (2010)
    • Sahm, C.1    Shapiro, M.2    Slemrod, J.3
  • 63
    • 77957241272 scopus 로고    scopus 로고
    • An estimated stochastic dynamic general equilibrium model of the euro area
    • Smets, F. and R. Wouters (2003). 'An estimated stochastic dynamic general equilibrium model of the euro area', Journal of the European Economic Association, 1, 1123-75.
    • (2003) Journal of the European Economic Association , vol.1 , pp. 1123-1175
    • Smets, F.1    Wouters, R.2
  • 64
    • 34547309730 scopus 로고    scopus 로고
    • Shocks and frictions in U.S. business cycles: a Bayesian DSGE approach
    • Smets, F. and R. Wouters (2007). 'Shocks and frictions in U.S. business cycles: a Bayesian DSGE approach', American Economic Review, 97, 506-606.
    • (2007) American Economic Review , vol.97 , pp. 506-606
    • Smets, F.1    Wouters, R.2
  • 66
    • 0001673254 scopus 로고    scopus 로고
    • The zero bound in an open economy: a foolproof way of escaping from a liquidity trap
    • Svensson, L.-E.-O. (2001). 'The zero bound in an open economy: a foolproof way of escaping from a liquidity trap', Monetary and Economic Studies, 19(S1), 277-312.
    • (2001) Monetary and Economic Studies , vol.19 , Issue.S1 , pp. 277-312
    • Svensson, L.-E.-O.1
  • 69
    • 70350024700 scopus 로고    scopus 로고
    • The lack of an empirical rationale for a revival of discretionary fiscal policy
    • Taylor, J.B. (2009). 'The lack of an empirical rationale for a revival of discretionary fiscal policy', American Economic Review, 99, 550-55.
    • (2009) American Economic Review , vol.99 , pp. 550-555
    • Taylor, J.B.1
  • 70
    • 77953758510 scopus 로고    scopus 로고
    • Getting back on track: policy lessons from the financial crisis
    • Taylor, J.B. (2010a). 'Getting back on track: policy lessons from the financial crisis', Federal Reserve Bank of St. Louis Review, 92, 165-76.
    • (2010) Federal Reserve Bank of St. Louis Review , vol.92 , pp. 165-176
    • Taylor, J.B.1
  • 71
    • 77955056103 scopus 로고    scopus 로고
    • Comment on "global effects of fiscal stimulus during the crisis"
    • Taylor, J.B. (2010b). 'Comment on "global effects of fiscal stimulus during the crisis"', Journal of Monetary Economics, 57, 527-30.
    • (2010) Journal of Monetary Economics , vol.57 , pp. 527-530
    • Taylor, J.B.1
  • 72
    • 79960512429 scopus 로고    scopus 로고
    • 'Surprising comparative properties of monetary models: results from a new data base', NBER Working Paper 14849.
    • Taylor, J.B. and V. Wieland (2009). 'Surprising comparative properties of monetary models: results from a new data base', NBER Working Paper 14849.
    • (2009)
    • Taylor, J.B.1    Wieland, V.2
  • 73
    • 77956116981 scopus 로고    scopus 로고
    • Some fiscal calculus
    • Uhlig, H. (2010). 'Some fiscal calculus', American Economic Review, 100, 30-34.
    • (2010) American Economic Review , vol.100 , pp. 30-34
    • Uhlig, H.1
  • 74
    • 0030080121 scopus 로고    scopus 로고
    • Monetary policy targets and the stabilization objective: a source of tension in the EMS
    • Wieland, V. (1996). 'Monetary policy targets and the stabilization objective: a source of tension in the EMS', Journal of International Money and Finance, 15, 95-116.
    • (1996) Journal of International Money and Finance , vol.15 , pp. 95-116
    • Wieland, V.1
  • 75
    • 79960537955 scopus 로고    scopus 로고
    • Comment on trade spill-overs of fiscal policy in the European Union: a panel analysis
    • Wieland, V. (2006). 'Comment on trade spill-overs of fiscal policy in the European Union: a panel analysis', Economic Policy, 48, 680-84.
    • (2006) Economic Policy , vol.48 , pp. 680-684
    • Wieland, V.1
  • 76
    • 79960545351 scopus 로고    scopus 로고
    • Fiscal action versus monetary stimulus: a faulty comparison', SIEPR Policy Brief, February.
    • Wieland, V. (2008). 'Fiscal action versus monetary stimulus: a faulty comparison', SIEPR Policy Brief, February.
    • (2008)
    • Wieland, V.1
  • 77
    • 79751477139 scopus 로고    scopus 로고
    • Fiscal stimulus and the promise of future spending cuts
    • Wieland, V. (2010). 'Fiscal stimulus and the promise of future spending cuts', International Journal of Central Banking, 6(1).
    • (2010) International Journal of Central Banking , vol.6 , Issue.1
    • Wieland, V.1
  • 78
    • 79960538381 scopus 로고    scopus 로고
    • 'A new comparative approach to macroeconomic modelling and policy analysis', Manuscript, Center for Financial Studies, Frankfurt.
    • Wieland, V., T. Cwik, G. Mueller, S. Schmidt and M. Wolters (2009). 'A new comparative approach to macroeconomic modelling and policy analysis', Manuscript, Center for Financial Studies, Frankfurt.
    • (2009)
    • Wieland, V.1    Cwik, T.2    Mueller, G.3    Schmidt, S.4    Wolters, M.5
  • 79
    • 79955899904 scopus 로고    scopus 로고
    • The diversity of forecasts from macroeconomic models of the U.S. economy
    • (forthcoming). ''
    • Wieland, V. and M. Wolters (forthcoming). 'The diversity of forecasts from macroeconomic models of the U.S. economy', Economic Theory.
    • Economic Theory
    • Wieland, V.1    Wolters, M.2
  • 80
    • 79958135412 scopus 로고    scopus 로고
    • Simple analytics of the government expenditure multiplier
    • Woodford, M. (2010). 'Simple analytics of the government expenditure multiplier', AEJ Macroeconomics, 3(1), 1-35.
    • (2010) AEJ Macroeconomics , vol.3 , Issue.1 , pp. 1-35
    • Woodford, M.1
  • 81
    • 34948893438 scopus 로고    scopus 로고
    • Stochastic optimization and worst-case analysis in monetary policy design
    • Zakovic, S., B. Rustem and V. Wieland (2007). 'Stochastic optimization and worst-case analysis in monetary policy design', Computational Economics, 30, 329-47.
    • (2007) Computational Economics , vol.30 , pp. 329-347
    • Zakovic, S.1    Rustem, B.2    Wieland, V.3


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.