Arbeitspapier
The composition of government spending and the multiplier at the Zero Lower Bound
We investigate the size of the multiplier at the ZLB in a New keynesian model. It ranges from around -0.25 to +1.5, depending on the extent to which government spending is productive, substitutable or not for private consumption.
- Language
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Englisch
- Bibliographic citation
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Series: SFB 649 Discussion Paper ; No. 2014-017
- Classification
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Wirtschaft
Price Level; Inflation; Deflation
Business Fluctuations; Cycles
Monetary Policy
Fiscal Policy
- Subject
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Zero lower bound
New Keynesian
Government spending multiplier
- Event
-
Geistige Schöpfung
- (who)
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Albertini, Julien
Poirier, Arthur
Roulleau-Pasdeloup, Jordan
- Event
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Veröffentlichung
- (who)
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Humboldt University of Berlin, Collaborative Research Center 649 - Economic Risk
- (where)
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Berlin
- (when)
-
2014
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Albertini, Julien
- Poirier, Arthur
- Roulleau-Pasdeloup, Jordan
- Humboldt University of Berlin, Collaborative Research Center 649 - Economic Risk
Time of origin
- 2014
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