19.2 Δημοσιονομικός Χώρος και Δημοσιονομικοί Πολλαπλασιαστές

Βιβλιογραφία

Alesina A., Ardagna S. (2010) Large Changes in Fiscal Policy: Taxes versus Spending, Tax Policy and the Economy, Vol. 24, edited by Brown J.R., Cambridge, Massachusetts: National Bureau of Economic Research.

Auerbach J.A., Gorodnichenko Y. (2012a) Fiscal Multipliers in Recession and Expansion, in Fiscal Policy after the Financial Crisis, edited by Alesina A. and Giavazzi F., University of Chicago Press.

Auerbach J.A., Gorodnichenko Y. (2012b) Measuring the Output Responses to Fiscal Policy, American Economic Journal: Economic Policy, American Economic Association, vol. 4(2), p. 1-27, May.

Auerbach A.J., Gorodnichenko Y. (2014) Fiscal Multipliers in Japan, NBER Working Paper w19911 (Cambridge: National Bureau of Economic Research).

Batini N., Callegari G., Melina G. (2012) Successful Austerity in the United States, Europe, and Japan, IMF Working Paper No. 12/190, Washington: International Monetary Fund.

Batini N., Eyraud L., Weber A. (2014) A Simple Method to Compute Fiscal Multipliers, IMF Working Paper 14/93, Washington: International Monetary Fund.

Baum A., Koester G. (2011) The Impact of Fiscal Policy on Economic Activity Over the Business Cycle – Evidence from a Threshold VAR Analysis, Deutsche Bundesbank, Research Centre series, Discussion Paper Series 1: Economic Studies, 3.

Baum A., Poplawski-Ribeiro M., Weber A. (2012) Fiscal Multipliers and the State of the Economy, IMF Working Paper 12/286, Washington: International Monetary Fund.

Blanchard O.J., Leigh D. (2012) Growth Forecast Errors and Fiscal Multipliers, NBER Working Papers 18779, National Bureau of Economic Research, Inc.

Botev J., Fournier J., Mourougane A. (2016) A Re-assessment of Fiscal Space in OECD Countries, OECD Economics Department Working Papers, No. 1352, OECD Publishing, Paris, DOI: http://dx.doi.org/10.1787/fec60e1b-en.

ECB (2012) Monthly Bulletin, December.

Eichengreen B., O’Rourke K. (2010) A tale of two depressions: What do the new data tell us?, VoxEU.org, 8 March.

European Commission (2012) European Economy, No 7/2012.

Fazzari S., Morley J., Panovksa I. (2012) State-Dependent Effects of Fiscal Policy, UNSW Australian School of Business Research Paper, April.

Heller P. (2005) Fiscal Space: What It Is and How to Get It, Finance and Development, June.

Ilzetzki E., Mendoza E., Vegh C. (2011) How Big (Small?) are Fiscal Multipliers?, IMF Working Papers 11/52, IMF, Forthcoming, Journal of Monetary Economics.

IMF (2012) Coping with High Debt and Sluggish Growth, World Economic Outlook, October.

Roy R., Heuty A. (2009 eds) Fiscal Space, Earthscan.

Stiglitz J. (2014) Reconstructing Macroeconomic Theory to Manage Economic Policy, NBER Working Paper No. 20517.

Woodford M. (2011) Simple Analytics of the Government Expenditure Multiplier, American Economic Journal: Macroeconomics, Vol. 3, No. 1, pp. 1–35.

 

Further Reading List

Acconcia A., Corsetti G., Simonelli S. (2011) What is the size of the multiplier? An estimate one can’t refuse, VOX, CEPR’s Policy Portal.

Aizenman J., Jinjarak Y. (2010) De facto fiscal space and fiscal stimulus: Definition and assessment, VOX, CEPR’s Policy Portal.

Barrell Ρ., Holland D., Hurst I. (2012) Fiscal Consolidation: Part 2, Fiscal Multipliers and Fiscal Consolidations, OECD.

Bernardini M., Peersman G. (2015) Private Debt Overhang and the Government Spending Multiplier: Evidence for the United States, CESifo Working Paper No. 5284.

Caggiano G., Castelnuovo E. (2015) Government spending multipliers and the business cycle, VOX, CEPR’s Policy Portal.

Chinn M. (2012) State Dependence and Fiscal Multipliers, EconoMonitor.

Christiano L.J., Eichenbaum M. (2010) When Is the Government Spending Multiplier Large? CQER Working Paper 10-01 CQER Working Paper 10-01.

Cogan J.F., Cwik T., Taylor J.B. (2010) New Keynesian versus old Keynesian government spending multipliers, Journal of Economic Dynamics & Control 34.

Corsetti G., Meier A., Müller G.J. (2012) What Determines Government Spending Multipliers? WP/12/150, IMF.

Davies G. (2013) High fiscal multipliers undermine austerity programmes, Financial Times.

DeLong B. (2012) Fiscal Multipliers: The Olivier Blanchard-Daniel Leigh Nostra-Culpa “Box”, Brad DeLong.

ECB (2014) Fiscal multipliers and the timing of consolidation, ECB Monthly Bulletin: April.

Eggertsson G.B., Denes M. (2012) Deficits, public debt dynamics and tax and spending multipliers, ECB.

Eichengreen B., O’Rourke H.K. (2012) Gauging the multiplier: Lessons from history, VoxEU.

Farhi E., Werning I. (2017) Fiscal Multipliers: Liquidity Traps and Currency Unions, Hankbook of Macroeconomics 2: 2417-2492.

Gechert S., Hughes-Hallett A., Rannenberg A. (2015) Fiscal multipliers in downturns and the effects of Eurozone consolidation, VOX, CEPR’s Policy Portal.

Heller P.S. (2005) Understanding Fiscal Space, IMF Policy Discussion Paper No. 05/4.

Leeper E.M., Traum N. (2015) Clearing Up the Fiscal Multiplier Morass: Prior and Posterior Analysis, NBER Working Paper No. 21433.

Marcel M. (2012) Budgeting for Fiscal Space and Government Performance Beyond the Great Recession, OECD.

Ramey V.A. (2011) Identifying Government Spending Shocks: It’s All in the Timing, The Quarterly Journal of Economics, Vol. 126, No 1, pp. 1-50.

Ramey V.A., Zubairy S. (2014) Government Spending Multipliers in Good Times and in Bad: Evidence from U.S. Historical Data, NBER Working Paper No. 20719.

Spilimbergo A., Symansky S., Schindler M. (2009) Fiscal Multipliers, IMF Staff Position Note No. 09/11.

Ostry J.D., Ghosh A.R., Espinoza R. (2015) Don’t sweat the debt if fiscal space is ample, VOX, 22 June.

Wren-Lewis S. (2012) Multipliers: using theory and evidence in macroeconomics, Mainly macro.