Persistent government spending and fiscal multipliers : the investment-channel

This paper inspects the mechanism shaping government spending multipliers in various smallscale DSGE setups with endogenous labor supply and capital accumulation. We analytically characterize the short-run investment multiplier, which in equilibrium can be either positive or negative. The investment...

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Bibliographic details
Main Author: Dupaigne, Martial
Fève, Patrick
Format: Publication
Language: English
Place of publication: 01.01.2016
Data of publication: 2016-01-01
Online Access: available in Bonn?
Database: OpenAIRE (Open Access)
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