Download or read book Three Essays in Fiscal Policy written by Axelle Ferriere and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays on Fiscal Policy written by Sinem Buber Singh and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays on Monetary and Fiscal Policy written by Francesco Furlanetto and published by . This book was released on 2006 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays on Fiscal Policy and Macroeconomic Fluctuations written by Matthew Avery Schurin and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays on Fiscal Policy and Redistribution written by Enlinson Carvalho de Mattos and published by . This book was released on 2006 with total page 121 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second essay integrates the existence of poverty as a negative externality and tax on poor individuals and that the possibility of tax evasion plays a role to determine the size and the sign of the optimal marginal income tax.

Download or read book Three Essays on Monetary and Fiscal Policy written by Ruoyun Mao and published by . This book was released on 2020 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: The dissertation consists of three essays studying the effects of monetary and fiscal policy. The first chapter, ''Policy Uncertainty and Government Spending Effects'' (joint with Shu-Chun Yang), studies government spending multipliers in a low nominal interest rate environment. Using a fully nonlinear New Keynesian model, this chapter shows government spending multipliers can decrease when 1) the initial debt-to-GDP ratio is higher, 2) the tax rate is higher, 3) debt maturity is longer, and 4) monetary policy is more responsive to inflation. When monetary and fiscal policy regimes can switch, policy uncertainty also reduces spending multipliers. If higher inflation induces a rising probability of switching to a regime where monetary policy actively controls inflation and fiscal policy raises future taxes to stabilize government debt, the multipliers can fall much below unity.The second chapter is a joint work with Zhao Han and Xiaohan Ma and studies how dispersed information impacts inflation, inflation expectations, and the Phillips curve by analytically solving a price-setting problem with nominal rigidity and informational frictions. The analytical representations enable us to recover the underlying parameters with data from the Survey of Professional Forecasters (SPF) and quantify the effects of dispersed information. The estimation results show dispersed information plays an important role in generating persistent inflation forecast errors and non-zero nowcast errors, as observed in the SPF data, but the effects of higher-order expectations on the Phillips curve are quantitatively small.The last chapter derives the optimal monetary policy when firms only have limited capacity to process information. The result shows marginal cost of attention is the key to determining the trade-off between the central bank's dual mandates. When the marginal cost is low, monetary policy aiming at stabilizing the output gap attracts attention from the private sector and generates inefficient price dispersion; Increasing the marginal cost of attention can eliminate the trade-off. A comparison between a rule-based policy and a discretionary policy confirms welfare gain from commitment. Firms pay extra attention to the policy signal when it is discretionary, which generates more price dispersion and harms welfare.

Download or read book Three Essays in Fiscal Policy written by Dawid Trzeciakiewicz and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays on Fiscal and Monetary Policy written by Jonathan A. Rawls and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays on Fiscal Policy and Macroeconomic Fluctuations written by Matthew Avery Schurin and published by . This book was released on 2013 with total page 173 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays on Fiscal Policy and Macroeconomics written by Sergio Sola and published by . This book was released on 2013 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays on Fiscal Policy and Business Cycle Analysis written by Christian Breuer and published by . This book was released on 2013 with total page 123 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays on Fiscal Policy and Government Production written by Zipeng Zhou and published by . This book was released on 2014 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: This research investigates government production function, explores its dynamic properties and studies the effects of fiscal policy implemented through government production channels. The first chapter estimates the production function of the U.S. government. The results indicate that we should be cautious when using a Cobb-Douglas function to represent the government production whenever intermediate goods are included. The analysis also shows the CES function has more superior properties to represent the U.S. government production function based on two new measures derived from exact index theory. The second chapter explores the cyclical movement of government spending components as a result of endogenous responses to exogenous private sector and government sector productivity shocks. This chapter also quantifies the relative contributions of exogenous shocks to the volatility of government spending components. The third chapter argues that fiscal policies that can allocate government inputs and determine the categories of government outputs are able to span the whole range to theoretical results on the responses of private consumption, private output, real wage, and private labor to a government spending shock.

Download or read book Three Essays on the Political Economy of Fiscal Policy written by Sheraz Rajput and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays on Fiscal Policy and Government Debt written by Sigrid Röhrs and published by . This book was released on 2011 with total page 199 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays on the Global Financial Crisis and Fiscal Policy written by Kyonghoon Kim and published by . This book was released on 2016 with total page 85 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Monetary Versus Fiscal Policy microform Three Essays written by Christopher M. Towe and published by National Library of Canada. This book was released on 1985 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: The thesis consists of three essays which investigate the relative effectiveness of monetary and fiscal policy.

Download or read book Three Essays on Fiscal Policy and a Test of Fundamental Equilibrium Exchange Rates written by Giacomo Barisone and published by . This book was released on 2000 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: