Fiscal multipliers in Ireland using FIR-GEM model
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Varthalitis, Petros, 2019.
"FIR-GEM: A SOE-DSGE Model for fiscal policy analysis in Ireland,"
Papers
WP620, Economic and Social Research Institute (ESRI).
- Varthalitis, Petros, 2019. "FIR-GEM: A SOE-DSGE Model for fiscal policy analysis in Ireland," MPRA Paper 93059, University Library of Munich, Germany.
- Clancy, Daragh & Jacquinot, Pascal & Lozej, Matija, 2016. "Government expenditure composition and fiscal policy spillovers in small open economies within a monetary union," Journal of Macroeconomics, Elsevier, vol. 48(C), pages 305-326.
- Eric M. Leeper, 2010.
"Monetary science, fiscal alchemy,"
Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 361-434.
- Eric M. Leeper, 2010. "Monetary Science, Fiscal Alchemy," NBER Working Papers 16510, National Bureau of Economic Research, Inc.
- Tommaso Monacelli & Roberto Perotti, 2010. "Fiscal Policy, the Real Exchange Rate and Traded Goods," Economic Journal, Royal Economic Society, vol. 120(544), pages 437-461, May.
- Dimitris Papageorgiou, 2014. "BoGGEM: a dynamic stochastic general equilibrium model for policy simulations," Working Papers 182, Bank of Greece.
- Luis Felipe Céspedes & Jorge A. Fornero & Jordi Galí, 2013.
"Non-Ricardian Aspects of Fiscal Policy in Chile,"
Central Banking, Analysis, and Economic Policies Book Series, in: Luis Felipe Céspedes & Jordi Galí (ed.),Fiscal Policy and Macroeconomic Performance, edition 1, volume 17, chapter 8, pages 283-322,
Central Bank of Chile.
- Luis Felipe Céspedes C. & Jorge A. Fornero & Jordi Galí, 2011. "Non-Ricardian Aspects of Fiscal Policy in Chile," Journal Economía Chilena (The Chilean Economy), Central Bank of Chile, vol. 14(2), pages 79-107, August.
- Luis Felipe Céspedes & Jorge Fornero & Jordi Galí, 2012. "Non-Ricardian Aspects of Fiscal Policy in Chile," Working Papers Central Bank of Chile 663, Central Bank of Chile.
- Nicoletta Batini & Mr. Luc Eyraud & Lorenzo Forni & Miss Anke Weber, 2014. "Fiscal Multipliers: Size, Determinants, and Use in Macroeconomic Projections," IMF Technical Notes and Manuals 2014/004, International Monetary Fund.
- Jordi Galí & J. David López-Salido & Javier Vallés, 2007.
"Understanding the Effects of Government Spending on Consumption,"
Journal of the European Economic Association, MIT Press, vol. 5(1), pages 227-270, March.
- Jordi Gali & J. David López-Salido & Javier Vallés, 2003. "Understanding the effects of government spending on consumption," Proceedings, Board of Governors of the Federal Reserve System (U.S.).
- Jordi Galí & J. David López-Salido & Javier Vallés, 2002. "Understanding the effects of government spending on consumption," Economics Working Papers 911, Department of Economics and Business, Universitat Pompeu Fabra, revised Aug 2005.
- GalÃ, Jordi & Vallés Liberal, Javier & López-Salido, J David, 2005. "Understanding the Effects of Government Spending on Consumption," CEPR Discussion Papers 5212, C.E.P.R. Discussion Papers.
- Jordi Galí & J. David López-Salido & Javier Vallés, 2003. "Understanding the Effects of Government Spending on Consumption," Working Papers 73, Barcelona School of Economics.
- Galí, Jordi & Vallés, Javier & Wolman, Alexander L., 2003. "Understanding the effects of government spending on consumption," CFS Working Paper Series 2004/23, Center for Financial Studies (CFS).
- Jordi Galí & J. David López-Salido & Javier Vallés, 2005. "Understanding the Effects of Government Spending on Consumption," NBER Working Papers 11578, National Bureau of Economic Research, Inc.
- Jordi Gali & J. David López-Salido & Javier Vallés, 2004. "Understanding the effects of government spending on consumption," International Finance Discussion Papers 805, Board of Governors of the Federal Reserve System (U.S.).
- Jordi Galí & J. David López Salido & Javier Vallés, 2003. "Understanding the effects of government spending on consumption," Working Papers 0321, Banco de España.
- Galí, Jordi & López-Salido, David & Vallés, Javier, 2004. "Understanding the effects of government spending on consumption," Working Paper Series 339, European Central Bank.
- Philip Lane, 2010. "External Imbalances and Fiscal Policy," The Institute for International Integration Studies Discussion Paper Series iiisdp314, IIIS.
- Agustín Bénétrix & Philip Lane, 2010.
"Fiscal Shocks and The Sectoral Composition of Output,"
Open Economies Review, Springer, vol. 21(3), pages 335-350, July.
- Agustin S. Benetrix & Philip R. Lane, 2009. "Fiscal Shocks and The Sectoral Composition of Output," The Institute for International Integration Studies Discussion Paper Series iiisdp294, IIIS.
- Eric M. Leeper & Nora Traum & Todd B. Walker, 2017.
"Clearing Up the Fiscal Multiplier Morass,"
American Economic Review, American Economic Association, vol. 107(8), pages 2409-2454, August.
- Eric M. Leeper & Nora Traum & Todd B. Walker, 2011. "Clearing Up the Fiscal Multiplier Morass," NBER Working Papers 17444, National Bureau of Economic Research, Inc.
- Eric M. Leeper & Nora Traum & Todd B. Walker, 2015. "Clearing Up the Fiscal Multiplier Morass," CAEPR Working Papers 2015-013, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
- McQuinn, Kieran & Varthalitis, Petros, 2018.
"How openness to trade rescued the Irish economy,"
Papers
WP608, Economic and Social Research Institute (ESRI).
- McQuinn, Kieran & Varthalitis, Petros, 2018. "How openness to trade rescued the Irish economy," MPRA Paper 90416, University Library of Munich, Germany.
- Frank Barry & Adele Bergin, 2012. "Inward Investment and Irish Exports over the Recession and Beyond," The World Economy, Wiley Blackwell, vol. 35(10), pages 1291-1304, October.
- Sarah Zubairy, 2014.
"On Fiscal Multipliers: Estimates From A Medium Scale Dsge Model,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 55, pages 169-195, February.
- Sarah Zubairy, 2010. "On Fiscal Multipliers: Estimates from a Medium Scale DSGE Model," Staff Working Papers 10-30, Bank of Canada.
- Hickey, Rónán & Lozej, Matija & Smyth, Diarmaid, 2018. "Irish Government Investment, Financing and the Public Capital Stock," Quarterly Bulletin Articles, Central Bank of Ireland, pages 64-76, July.
- Nicoletta Batini & Luc Eyraud & Lorenzo Forni & Anke Weber, 2014. "Fiscal Multipliers; Size, Determinants, and Use in Macroeconomic Projections," IMF Technical Notes and Manuals 14/04, International Monetary Fund.
- Bergin, Adele & Conefrey, Thomas & FitzGerald, John & Kearney, Ide & Znuderl, Nusa, 2013. "The HERMES-13 macroeconomic model of the Irish economy," Papers WP460, Economic and Social Research Institute (ESRI).
- Lawrence J. Christiano & Martin S. Eichenbaum & Mathias Trabandt, 2018.
"On DSGE Models,"
Journal of Economic Perspectives, American Economic Association, vol. 32(3), pages 113-140, Summer.
- Lawrence J. Christiano & Martin S. Eichenbaum & Mathias Trabandt, 2018. "On DSGE Models," NBER Working Papers 24811, National Bureau of Economic Research, Inc.
- Ray Barrell & Dawn Holland & Ian Hurst, 2012. "Fiscal multipliers and prospects for consolidation," OECD Journal: Economic Studies, OECD Publishing, vol. 2012(1), pages 71-102.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- McQuinn, Kieran & Varthalitis, Petros, 2020. "Debt sharing after Covid-19: How the direct involvement of EU institutions could impact the recovery path of a member state," Papers WP663, Economic and Social Research Institute (ESRI).
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Varthalitis, Petros, 2019.
"FIR-GEM: A SOE-DSGE Model for fiscal policy analysis in Ireland,"
Papers
WP620, Economic and Social Research Institute (ESRI).
- Varthalitis, Petros, 2019. "FIR-GEM: A SOE-DSGE Model for fiscal policy analysis in Ireland," MPRA Paper 93059, University Library of Munich, Germany.
- Boug, Pål & Brasch, Thomas von & Cappelen, Ådne & Hammersland, Roger & Hungnes, Håvard & Kolsrud, Dag & Skretting, Julia & Strøm, Birger & Vigtel, Trond C., 2023.
"Fiscal policy, macroeconomic performance and industry structure in a small open economy,"
Journal of Macroeconomics, Elsevier, vol. 76(C).
- Pål Boug & Thomas von Brasch & Ådne Cappelen & Roger Hammersland & Håvard Hungnes & Dag Kolsrud & Julia Skretting & Birger Strøm & Trond C. Vigtel, 2022. "Fiscal policy, macroeconomic performance and industry structure in a small open economy," Discussion Papers 984, Statistics Norway, Research Department.
- Eduardo de Sa Fortes Leitao Rodrigues, 2023. "Uncertainty and the effectiveness of fiscal policy in the United States and Brasil: SVAR Approach," Working Papers 2023.03, International Network for Economic Research - INFER.
- Wang, Shu-Ling, 2021. "Fiscal stimulus in a high-debt economy? A DSGE analysis," Economic Modelling, Elsevier, vol. 98(C), pages 118-135.
- Valerie A. Ramey, 2019.
"Ten Years after the Financial Crisis: What Have We Learned from the Renaissance in Fiscal Research?,"
Journal of Economic Perspectives, American Economic Association, vol. 33(2), pages 89-114, Spring.
- Ramey, Valerie A, 2019. "Ten Years After the Financial Crisis: What Have We Learned from the Renaissance in Fiscal Research?," University of California at San Diego, Economics Working Paper Series qt6cd687wc, Department of Economics, UC San Diego.
- Valerie A. Ramey, 2019. "Ten Years after the Financial Crisis: What Have We Learned from the Renaissance in Fiscal Research?," NBER Working Papers 25531, National Bureau of Economic Research, Inc.
- Romanos Priftis & Srec̆ko Zimic, 2021.
"Sources of Borrowing and Fiscal Multipliers [Emerging market business cycles: the cycle is the trend],"
The Economic Journal, Royal Economic Society, vol. 131(633), pages 498-519.
- Priftis, Romanos; Zimic, Srecko, 2017. "Sources of Borrowing and Fiscal Multipliers," Economics Working Papers ECO2017/01, European University Institute.
- Romanos Priftis & Srecko Zimic, 2018. "Sources of Borrowing and Fiscal Multipliers," Staff Working Papers 18-32, Bank of Canada.
- Srecko Zimic & Romanos Priftis, 2017. "Sources of Borrowing and Fiscal Multipliers," 2017 Meeting Papers 294, Society for Economic Dynamics.
- Priftis, Romanos & Zimic, Srečko, 2018. "Sources of borrowing and fiscal multipliers," Working Paper Series 2209, European Central Bank.
- Jesús Rodríguez-López & Mario Solís-García, 2018.
"Defense spending and fiscal multipliers: it's all in the variance,"
Working Papers
18.06, Universidad Pablo de Olavide, Department of Economics.
- Rodriguez-Lopez, Jesus & Solis-Garcia, Mario, 2018. "Defense spending and fiscal multipliers: it's all in the variance," MPRA Paper 86911, University Library of Munich, Germany.
- Emilio Colombo & Davide Furceri & Pietro Pizzuto & Patrizio Tirelli, 2022.
"Fiscal Multipliers and Informality,"
DISEIS - Quaderni del Dipartimento di Economia internazionale, delle istituzioni e dello sviluppo
dis2201, Università Cattolica del Sacro Cuore, Dipartimento di Economia internazionale, delle istituzioni e dello sviluppo (DISEIS).
- Emilio Colombo & Davide Furceri & Pietro Pizzuto & Patrizio Tirelli, 2022. "Fiscal Multipliers and Informality," IMF Working Papers 2022/082, International Monetary Fund.
- Rüth, Sebastian K. & Simon, Camilla, 2022. "How do income and the debt position of households propagate fiscal stimulus into consumption?," Journal of Economic Dynamics and Control, Elsevier, vol. 143(C).
- Marco Riguzzi & Philipp Wegmueller, 2017.
"Economic Openness and Fiscal Multipliers,"
International Economic Journal, Taylor & Francis Journals, vol. 31(1), pages 1-35, January.
- Marco Riguzzi, 2014. "Economic Openness and Fiscal Multipliers," Diskussionsschriften dp1406, Universitaet Bern, Departement Volkswirtschaft.
- Marco Riguzzi & Philipp Wegmueller, 2015. "Economic Openness and Fiscal Multipliers," Diskussionsschriften dp1504, Universitaet Bern, Departement Volkswirtschaft.
- Clemens Fuest & Björn Kauder & Luisa Lorenz & Martin Mosler & Niklas Potrafke & Florian Dorn, 2016. "Hidden tax increases - the extra tax burden of the bracket creep and the expected impact of income tax rates "on wheels" on tax reliefs," ifo Forschungsberichte, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 76.
- Alice Albonico & Guido Ascari & Qazi Haque, 2024.
"The (Ir)Relevance of Rule‐of‐Thumb Consumers for U.S. Business Cycle Fluctuations,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 56(4), pages 769-804, June.
- Alice Albonico & Guido Ascari & Qazi Haque, 2020. "The (ir)relevance of rule-of-thumb consumers for US business cycle fluctuations," CAMA Working Papers 2020-102, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Alice Albonico & Guido Ascari & Qazi Haque, 2020. "The (Ir)Relevance of Rule-of-Thumb Consumers for U.S. Business Cycle Fluctuations," Economics Discussion / Working Papers 20-26, The University of Western Australia, Department of Economics.
- Alice Albonico & Guido Ascari & Qazi Haque, 2020. "The (Ir)Relevance of Rule-of-Thumb Consumers for U.S. Business Cycle Fluctuations," Working Papers 453, University of Milano-Bicocca, Department of Economics, revised Oct 2022.
- Anthony J. Makin, 2013. "The policy (in)effectiveness of government spending in a dependent economy," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 16(3), pages 287-301, September.
- Rüth, Sebastian K. & Simon, Camilla, 2020. "How Do Income and the Debt Position of Households Propagate Public into Private Spending?," Working Papers 0676, University of Heidelberg, Department of Economics.
- Florian Dorn & Clemens Fuest & Björn Kauder & Luisa Lorenz & Martin Mosler & Luisa Dörr, 2017. "The removal of the middle class bulge - models and costs," ifo Forschungsberichte, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 77.
- Gregory E. Givens, 2022.
"Unemployment, Partial Insurance, And The Multiplier Effects Of Government Spending,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 63(2), pages 571-599, May.
- Givens, Gregory, 2019. "Unemployment, Partial Insurance, and the Multiplier Effects of Government Spending," MPRA Paper 96811, University Library of Munich, Germany.
- Aaron G. Grech & Brian Micallef & Sandra Zerafa & Tiziana M. Gauci (ed.), 2018. "The Central Bank of Malta’s First Fifty Years: A Solid Foundation for the Future," CBM Ebooks, Central Bank of Malta, edition 1, number 01.
- Thomas Brand, 2017. "Vitesse et composition des ajustements budgétaires en équilibre général : une analyse appliquée à la zone euro," Revue économique, Presses de Sciences-Po, vol. 68(HS1), pages 159-182.
- Germaschewski, Yin & Wang, Shu-Ling, 2022. "Fiscal stabilization in high-debt economies without monetary independence," Journal of Macroeconomics, Elsevier, vol. 72(C).
- Shen, Wenyi & Yang, Shu-Chun S., 2018. "Downward nominal wage rigidity and state-dependent government spending multipliers," Journal of Monetary Economics, Elsevier, vol. 98(C), pages 11-26.
More about this item
NEP fields
This paper has been announced in the following NEP Reports:- NEP-DGE-2019-10-28 (Dynamic General Equilibrium)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:esr:wpaper:wp636. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Burns (email available below). General contact details of provider: https://edirc.repec.org/data/esriiie.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.