Fiscal Multipliers and Their Relevance in a Currency Union - A Survey

被引：2

作者：

Illing, Gerhard ^{[1
]}

Watzka, Sebastian ^{[1
]}

机构：

[1] LMU Univ Munich, D-80539 Munich, Germany

来源：

GERMAN ECONOMIC REVIEW | 2014年 / 15卷 / 02期

关键词：

Fiscal multiplier; euro crisis; currency union; POLICY;

D O I：

10.1111/geer.12027

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The article reviews the debate on government spending multiplier and provides a detailed discussion of the underlying economic mechanisms, focusing on the role of the state of the business cycle and the monetary policy reaction. Special emphasis is on the effects of fiscal policy within a currency union and its implications for the euro crisis.

引用

页码：259 / 271

页数：13

共 29 条

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[2]

[Anonymous], 2012, IMF WORKING PAPERS

[3]

[Anonymous], 18381 NBER

[4]

[Anonymous], 18280 NBER