Work

The Effects of Discretionary Fiscal Policy on Macroeconomic Aggregates: a Reappraisal

Year: 2010
Type: article
Abstract: Fiscal stimuli to recover? A cascade of academic and layman articles debate the effectiveness of fiscal policy in stimulating the economy backed up by different economic models and empirical support. This paper surveys the theoretical predictions and recent empirical vector autoregression evidence on the short-run effects of discretionary fiscal policy on macroeconomic aggregates.
Language: English
Open Access status: green
OpenAlex ID: W1592950433
FWCI: 43.77
Cites: 93
Cited by: 150
Related to: 10