The Euro-Area Government Spending Multiplier at the Effective Lower Bound /
We build a factor-augmented interacted panel vector-autoregressive model of the Euro Area (EA) and estimate it with Bayesian methods to compute government spending multipliers. The multipliers are contingent on the overall monetary policy stance, captured by a shadow monetary policy rate. In the sho...
| প্রধান লেখক: | |
|---|---|
| অন্যান্য লেখক: | , , |
| বিন্যাস: | পত্রিকা |
| ভাষা: | English |
| প্রকাশিত: |
Washington, D.C. :
International Monetary Fund,
2019.
|
| মালা: | IMF Working Papers; Working Paper ;
No. 2019/133 |
| অনলাইন ব্যবহার করুন: | Full text available on IMF |