Fiscal policy and business formation in open economies

Research in Economics - Tập 69 - Trang 603-620 - 2015
Vivien Lewis1, Roland Winkler2
1KU Leuven & Deutsche Bundesbank, Center for Economic Studies, Naamsestraat 69, 3000 Leuven, Belgium
2TU Dortmund University, Faculty of Business, Economics, and Social Sciences, Vogelpothsweg 87, 44221 Dortmund, Germany

Tài liệu tham khảo

Amano, 1998, Government expenditures and the permanent income model, Rev. Econ. Dyn., 1, 719, 10.1006/redy.1998.0021 Aschauer, 1985, Fiscal policy and aggregate demand, Am. Econ. Rev., 75, 117 Auerbach, Alan J., Gorodnichenko, Yuriy, 2015. Effects of Fiscal Shocks in a Globalized World. NBER Working Paper 21100, National Bureau of Economic Research. Auerbach, 2013, Output spillovers from fiscal policy, Am. Econ. Rev., 103, 141, 10.1257/aer.103.3.141 Beetsma, 2006, Trade spill-overs of fiscal policy in the European Union, Econ. Policy, 21, 640, 10.1111/j.1468-0327.2006.00168.x Benetrix, 2013, Fiscal shocks and the real exchange rate, Int. J. Cent. Bank., 9, 1 Benigno, 2010, On the international dimension of fiscal policy, J. Money Credit Bank., 42, 1523, 10.1111/j.1538-4616.2010.00352.x Bilbiie, Florin O., Ghironi, Fabio, Melitz, Marc J., 2008. Monetary policy and business cycles with endogenous entry and product variety. NBER Chapters. In: NBER Macroeconomics Annual 2007, National Bureau of Economic Research, vol. 22, pp. 299–353. Bilbiie, 2012, Endogenous entry, product variety, and business cycles, J. Polit. Econ., 120, 304, 10.1086/665825 Born, 2013, Exchange rate regimes and fiscal multipliers, J. Econ. Dyn. Control, 37, 446, 10.1016/j.jedc.2012.09.014 Bouakez, 2007, Why does private consumption rise after a government spending shock?, Can. J. Econ., 40, 954, 10.1111/j.1365-2966.2007.00438.x Broda, 2006, Globalization and the gains from variety, Q. J. Econ., 121, 541, 10.1162/qjec.2006.121.2.541 Cacciatore, Matteo, Fiori, Giuseppe, Ghironi, Fabio, 2015. The Domestic and International Effects of Euro Area Market Reforms. Research in Economics, forthcoming. Canzoneri, 2003, New Views on the Transatlantic Transmission of Fiscal Policy and Macroeconomic Policy Coordination, 283 Cavallari, 2013, Firms׳ entry, monetary policy and the international business cycle, J. Int. Econ., 91, 263, 10.1016/j.jinteco.2013.07.002 Cavallari, Lilia, D׳Addona, Stefano, 2015. Exchange rates as shock absorbers: the role of export margins. Research in Economics, forthcoming. Corsetti, 2010, Cross-border spillovers from fiscal stimulus, Int. J. Central Bank., 6, 5 Devereux, 2001, Dynamic gains from international trade with imperfect competition and market power, Rev. Dev. Econ., 5, 239, 10.1111/1467-9361.00121 Dixit, 1977, Monopolistic competition and optimum product diversity, Am. Econ. Rev., 67, 297 Enders, 2011, How do fiscal and technology shocks affect real exchange rates?, J. Int. Econ., 83, 53, 10.1016/j.jinteco.2010.08.005 Etro, 2010, Endogenous market structures and the business cycle, Econ. J., 120, 1201, 10.1111/j.1468-0297.2010.02384.x Hall, 2009, By how much does GDP rise if the government buys more output?, Brook. Pap. Econ. Act., 2009, 183, 10.1353/eca.0.0069 Jaimovich, 2008, Firm dynamics, markup variations, and the business cycle, J. Monet. Econ., 55, 1238, 10.1016/j.jmoneco.2008.08.008 Karras, 1994, Government spending and private consumption, J. Money Credit Bank., 26, 9, 10.2307/2078031 Lewis, 2009, Business cycle evidence on firm entry, Macroecon. Dyn., 13, 605, 10.1017/S1365100509080250 Lewis, 2015, Entry and markup dynamics in an estimated business cycle model, Eur. Econ. Rev., 74, 14, 10.1016/j.euroecorev.2014.11.005 Lewis, Vivien, Winkler, Roland, 2015. Government spending, entry and the consumption crowding-in puzzle. Manuscript, KU Leuven and TU Dortmund University. Linnemann, 2003, Fiscal policy in the new neoclassical synthesis, J. Money Credit Bank., 35, 911, 10.1353/mcb.2003.0045 Linnemann, 2004, Can fiscal spending stimulate private consumption?, Econ. Lett., 82, 173, 10.1016/j.econlet.2003.07.007 Mata, 1994, Life duration of new firms, J. Ind. Econ., 42, 227, 10.2307/2950567 Monacelli, 2010, Fiscal policy, the real exchange rate and traded goods, Econ. J., 120, 437, 10.1111/j.1468-0297.2010.02362.x Ravn, 2012, Consumption, government spending, and the real exchange rate, J. Monet. Econ., 59, 215, 10.1016/j.jmoneco.2012.02.001 Schmitt-Grohe, Stephanie, Uribe, Martín, 2015. Open Economy Macroeconomics. Textbook manuscript. Trabandt, 2011, The Laffer curve revisited, J. Monet. Econ., 58, 305, 10.1016/j.jmoneco.2011.07.003