Two fiscal policy puzzles revisited: New evidence and an explanation

Staggered prices in a utility-maximizing framework

Guillermo A. Calvo · Journal of Monetary Economics · 1983 · 7.4K citations

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Is public expenditure productive?

David Alan Aschauer · Journal of Monetary Economics · 1989 · 5.4K citations

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What are the effects of monetary policy on output? Results from an agnostic identification procedure

Harald Uhlig · Journal of Monetary Economics · 2005 · 2.3K citations

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Understanding the Effects of Government Spending on Consumption

J. David López‐Salido, Javier Vallés · Journal of the European Economic Association · 2007 · 1.9K citations · Full text

Social Sciences, Economics, Public Finance +16

Fiscal Policy in General Equilibrium

Marianne Baxter, Robert G. King · American Economic Review · 1990 · 1.4K citations

Public Affairs, Economics, Public Policy +14