Advanced search
Publication Cover
Applied Economics Letters Volume 25, 2018 - Issue 15
Submit an article Journal homepage
192
Views
1
CrossRef citations to date
0
Altmetric
Original Articles

Do expectations matter? Reassessing the effects of government spending on key macroeconomic variables in Germany

Klaus GründlerChair of Economic Order and Social Policy, Department of Economics, Julius Maximilian University of Würzburg, Würzburg, Germany
&
Sarah SauerhammerChair of Economic Order and Social Policy, Department of Economics, Julius Maximilian University of Würzburg, Würzburg, GermanyCorrespondence[email protected]
Pages 1045-1050 | Published online: 26 Oct 2017

References

  • Alfonso, A., and R. M. Sousa. 2012. “The Macroeconomic Effects of Fiscal Policy.” Applied Economics 44 (34): 4439–4454. doi:10.1080/00036846.2011.591732.
  • Blanchard, O., and R. Perotti. 2002. “An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output.” Quarterly Journal of Economics 117 (4): 1329–1368. doi:10.1162/003355302320935043.
  • Breuer, C., and T. Buettner. 2010. “Fiscal Policy in a Structural VAR Model for Germany.” Working Paper No. B9-V1, German Economic Association, Berlin.
  • Burnside, C., M. Eichenbaum, and J. D. M. Fisher. 2004. “Fiscal Shocks and Their Consequences.” Journal of Economic Theory 115 (1): 89–117. doi:10.1016/S0022-0531(03)00252-7.
  • Edelberg, W., M. Eichenbaum, and J. D. M. Fisher. 1999. “Understanding the Effects of a Shock to Government Purchases.” Review of Economic Dynamics 2 (1): 166–206. doi:10.1006/redy.1998.0036.
  • Federal Statistical Office. 2006. Fachserie 18 Reihe S.28. Wiesbaden, DE.
  • Federal Statistical Office. 2014. Fachserie 18 Reihe 1.3. Wiesbaden, DE.
  • Galí, J., J. D. López-Salido, and J. Vallés. 2007. “Understanding the Effects of Government Spending on Consumption.” Journal of the European Economic Association 5 (1): 227–270. doi:10.1162/JEEA.2007.5.1.227.
  • Gerchert, S. 2015. “What Fiscal Policy Is Most Effective? A Meta-Regression Analysis.” Oxford Economic Papers 67 (3): 553–580. doi:10.1093/oep/gpv027.
  • Perotti, R., 2005. “Estimating the Effects of Fiscal Policy in OECD Countries.” CEPR Discussion Paper No. 4842, Centre for Economic Policy Research, London.
  • Perotti, R. 2007. “In Search of the Transmission Mechanism of Fiscal Policy.” In NBER Macroeconomic Annual 22, edited by D. Acemoglu, K. Rogoff, and M. Woolford, MIT-Press, Cambridge, MA: 169–226.
  • Ramey, V. A. 2011. “Identifying Government Spending Shocks: It’s All in the Timing.” Quarterly Journal of Economics 126 (1): 1–50. doi:10.1093/qje/qjq008.
  • World Bank. 2016. World Development Indicators Database. World Bank, Washington, DC.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Order Reprints Request Corporate Permissions

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

Request Academic Permissions

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.

Related research

People also read lists articles that other readers of this article have read.

Recommended articles lists articles that we recommend and is powered by our AI driven recommendation engine.

Cited by lists all citing articles based on Crossref citations.
Articles with the Crossref icon will open in a new tab.