Does government spending crowd in private consumption? : theory and empirical evidence for the Euro area /

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 Bayesian inference methods, we show that the presence of non- Ricardian households is in general cond...

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主要な著者:	Coenen, Günter (著者), Straub, Roland (著者)
団体著者:	International Monetary Fund Monetary and Financial Systems Department
フォーマット:	図書
言語:	English
出版事項:	Washington, D.C. : International Monetary Fund, Monetary and Financial Systems Dept., ©2005 [Washington, D.C.] : International Monetary Fund, c2005 Washington, D.C. : 2005
シリーズ:	IMF Working Papers ; Working Paper No. 05/159 IMF eLibrary IMF working paper ; WP/05/159
主題:	Consumption (Economics) > European Union countries > Econometric models Crowding out (Economics) > European Union countries > Econometric models Fiscal policy > European Union countries > Econometric models Aggregate consumption Aggregate demand Budget constraint Business Fluctuations Business cycles Capital accumulation Consumption choice Consumption choices Consumption decision Consumption expenditure Consumption increases Consumption level Consumption over time Consumption path Consumption pattern Consumption patterns Consumption smoothing Consumption spending Consumption tax rate Consumption tax Consumption taxes Current disposable income Current income Cycles Disposable income Economic models Fiscal authority Fiscal multiplier Fiscal policy framework Fiscal policy on consumption Fiscal policy rule Fiscal policy rules Fiscal policy Fiscal shocks Fiscal variables General equilibrium Government budget Government expenditure Government expenditures Government spending shocks Government spending Increase in consumption Intertemporal consumption Level of consumption Permanent income Private consumption Public finance Response of consumption Tax burden Tax rates Taxation Consumption (Economics) Consumption (Economics) > Econometric models Crowding out (Economics) Crowding out (Economics) > Econometric models Econometric models Expenditures, Public Fiscal policy > Econometric models European Union countries > Appropriations and expenditures > Econometric models United States European Union countries Electronic books
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Massachusetts Institute of Technology

予約･返却請求 Massachusetts Institute of Technology
請求記号:	HG3810.I45 no.WP/05/159

Does government spending crowd in private consumption? : theory and empirical evidence for the Euro area /

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Massachusetts Institute of Technology

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