Sökning: "Fiscal contractions"
Hittade 3 avhandlingar innehållade orden Fiscal contractions.
1. Macroeconomic Studies on Fiscal Policy and Real Exchange Rates
Sammanfattning : This thesis contains four empirical macroeconomic studies and the papers may briefly be summarized as follows. In the first paper, we use both descriptive statistics and regression analysis to investigate whether movements in real exchange rates and money supply before and during fiscal contractions matter for the macroeconomic outcome. LÄS MER
2. Essays on Fiscal Policy, Private Consumption and Non-Stationary Panel Data
Sammanfattning : In the first essay of this thesis, we examine whether the effects of fiscal expansions and contractions exert a symmetric influence on the relationship between fiscal policy and private consumption. Our results indicate a considerable asymmetry across fiscal expansions and contractions. LÄS MER
3. Essays on Empirical Macroeconomics
Sammanfattning : The first essay reexamines the proposed presence of so-called loss aversion in aggregate consumption. Recent empirical and theoretical studies have suggested, that consumption growth reacts asymmetrically to positive and negative expected income growth. LÄS MER