State-dependent fiscal multipliers: Calvo vs. Rotemberg

DOI10.1016/j.econlet.2017.08.009zbMath1395.91332OpenAlexW2746653401MaRDI QIDQ1782425

Jonathan Wolff, Eric R. Sims

Publication date: 20 September 2018

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2017.08.009

zbMATH Keywords

fiscal multiplierNew Keynesian modelstate-dependence

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

Cites Work

• Impulse response analysis in nonlinear multivariate models
• Is Rotemberg pricing justified by macro data?

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