Zobrazeno 1 - 10
of 92
pro vyhledávání: '"Bas van Aarle"'
Autor:
Bas van Aarle
Publikováno v:
Journal of Economic Structures, Vol 6, Iss 1, Pp 1-20 (2017)
Abstract This study extends the current New Keynesian modeling framework by changing one crucial aspect: it replaces the general equilibrium assumption by the arguably more realistic assumption of macroeconomic disequilibrium. As a result, more compl
Externí odkaz:
https://doaj.org/article/1f44c360b4294f4b90afda42752a0015
Autor:
Bas van AARLE, Robert SOSOIAN
Publikováno v:
Eurasian Journal of Business and Economics, Vol 3, Iss 5, Pp 51-75 (2010)
This paper develops a small macroeconomic model of the Armenian economy. After setting up the model and its estimation, a number of macroeconomic scenarios is analyzed in the form of out-of-sample simulations. We analyze the transmissions in the mode
Externí odkaz:
https://doaj.org/article/31c77e56b0a34c35b859091bfc117e6d
Publikováno v:
Journal of Macroeconomics. 59:78-102
This paper analyzes how the introduction of Eurobonds affects debt dynamics in a two-country monetary union model. Monetary and fiscal authorities are engaged in dynamic government debt stabilization games in which interest rates on government debt a
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::f952a6655b039e865e8b16814335430a
https://doi.org/10.1016/j.jmacro.2018.11.008
https://doi.org/10.1016/j.jmacro.2018.11.008
Publikováno v:
Structural Change and Economic Dynamics, 44, 100-114. Elsevier
This paper analyses debt stabilization in a monetary union that features endogenous risk premia. In particular, debt stabilization in two diametrically opposed regimes is compared. In the first regime, the “national fiscal discipline regime”, fin
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::3861138455f41ac30694a8fec73c3f79
https://research.tilburguniversity.edu/en/publications/8b3b0895-46f0-4736-8f2c-e4e7a75ff60a
https://research.tilburguniversity.edu/en/publications/8b3b0895-46f0-4736-8f2c-e4e7a75ff60a
Autor:
Bas van Aarle, Cindy Moons
Publikováno v:
Journal of Business Cycle Research. 13:225-251
This is paper considers the role of economic sentiment and economic uncertainty in explaining economic adjustment in the Euro area during the Financial Crisis and Great Recession. The analysis is based on VAR models of economic activity, sentiment an
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::671e6114027cb849fe205ff7d1022217
https://doi.org/10.1007/s41549-017-0020-y
https://doi.org/10.1007/s41549-017-0020-y
Publikováno v:
International Economics and Economic Policy. 12:393-410
This paper uses a stylized budgeting and growth framework to analyze the effects of various shocks on public finances and growth. The framework is applied to the case of Ireland, where recently these shocks have played an important role. Ireland was
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::43028e3e77d6fcf4b10e5b88444c2e75
https://doi.org/10.1007/s10368-014-0305-8
https://doi.org/10.1007/s10368-014-0305-8
Autor:
Bas van Aarle
Publikováno v:
Journal of Economic Policy Reform. 16:320-335
This paper analyses the effects of structural reform and fiscal consolidation policies in the Euro Area using a stylized new-Keynesian model. A number of issues are focused upon: (i) the modelling and effects of fiscal consolidation and structural re
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::ebb0c201ecc265474974f48543864216
https://doi.org/10.1080/17487870.2013.827909
https://doi.org/10.1080/17487870.2013.827909
Autor:
Jozef Konings, Bas van Aarle
Publikováno v:
Public Budgeting & Finance. 33:114-134
This pa per develops a stylize d budgeting framewo rk to analyze the effects of macroec onomic shocks and governm ent bond market co nditions on public finances. We focus on the imp acts of primary fiscal bal ance shock s, grow th, and inter est rate
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::8f0d023dd3c59d59cd7fba62b2d79bf0
https://doi.org/10.1111/j.1540-5850.2013.12005.x
https://doi.org/10.1111/j.1540-5850.2013.12005.x
Publikováno v:
Journal of economic dynamics and control
Journal of Economic Dynamics and Control, 37(12), 2525-2546. Elsevier Science BV
Journal of Economic Dynamics and Control, 37(12), 2525-2546. Elsevier Science BV
As a result of the recent financial crisis and the ensuing economic recession, fiscal deficits have soared in many OECD countries. As a consequence, government debt has been on the rise again after a period of stable or declining government debt. In
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::8405bf37fedb685d6bcf14e74cfab35d
https://research.tilburguniversity.edu/en/publications/838563b7-817a-4404-925c-38a6968ffb8e
https://research.tilburguniversity.edu/en/publications/838563b7-817a-4404-925c-38a6968ffb8e
Introduction In the economic literature, there are three main alternative theories of inflation prescribing different optimal policies. Friedman (1977) calls for a negative steadystate inflation rate as long as the steady-state real interest rate i
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::4fbc57aa8cd5b783b7bd4cedab3e187c
https://doi.org/10.4324/9781315627892
https://doi.org/10.4324/9781315627892
