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: Paper
Language: English
Place of publication: 15.09.2016
Data of publication: 2016-09-15
Bibliography: info:eu-repo/grantAgreement/EC/H2020/649396
ADEMU Working Paper Series;27
Subjects:
Online Access: available in Bonn?
Database: Repositori Digital de la UPF (Universitat Pompeu Fabra)
Database information Databases - DBIS