Concepedia

New Keynesian versus Old Keynesian Government Spending Multipliers

John F. Cogan, Tobias Cwik, John B. Taylor, Volker Wieland

SSRN Electronic Journal · 2009 · 189 citations · 27 references

Open access

Concepts

Public AffairsEconomicsPublic PolicyFiscal PolicyMacroeconomicsPublic EconomicsFiscal Impact AnalysisFiscal MultipliersFiscal Policy AnalysisPublic Expenditure PolicyAssumptions AnalysisEmployment Effects AnalysisFiscal Multiplier EffectsFiscal Policy ResponsesGovernment Spending MultipliersKeynesian EconomicsKeynesian Fiscal PolicyStimulus Generation

References

27

Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy

Lawrence J. Christiano, Martin Eichenbaum, Charles L. Evans · Journal of Political Economy · 2005 · 5.9K citations

Social Sciences, Economics, Labor Economics +11

Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach

Frank Smets, Rafael Wouters · American Economic Review · 2007 · 4.7K citations

Social Sciences, Business Economics, Economics +17

"Rational" Expectations, the Optimal Monetary Instrument, and the Optimal Money Supply Rule

Thomas J. Sargent, Neil Wallace · Journal of Political Economy · 1975 · 2.2K citations

Social Sciences, Economics, Financial Economics +11

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