 | Assessing the Impact of a Change in the Composition of Public Spending : A DSGE Approach Author/Editor: Ivan Tchakarov, Roland Straub. Release Date:July, 2007 Despite intense calls for safeguarding public investment in Europe, public investment expenditure, when measured in relation to GDP, has steadily fallen in the last three decades, evoking fears that more...
| Price: $18.00
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| Asset Market Participation, Monetary Policy Rules, and the Great Inflation Author/Editor: Florin Bilbiie, Roland Straub. Release Date:September, 2006 This paper argues that limited asset market participation is crucial in explaining U.S. macroeconomic performance and monetary policy before the 1980s, and their changes thereafter. We develop an more...
| Price: $18.00
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| Putting the New Keynesian Model to a Test Author/Editor: Roland Straub, Gert Peersman. Release Date:May, 2006 In recent years, New Keynesian dynamic stochastic general equilibrium (NK DSGE) models have become increasingly popular in the academic literature and in policy analysis. However, the success of more...
| Price: $15.00
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| Does Government Spending Crowd In Private Consumption? Theory and Empirical Evidence for the Euro Area Author/Editor: Günter Coenen, Roland Straub. Release Date:August, 2005 In this paper, we revisit the effects of government spending shocks on private consumption within an estimated New-Keynesian DSGE model of the euro area featuring non-Ricardian households. Employing more...
| Price: $15.00
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