Zobrazeno 1 - 10
of 29
pro vyhledávání: '"Hafedh Bouakez"'
Publikováno v:
American Economic Journal: Macroeconomics. 15:209-239
We study the effects of aggregate government spending shocks in a production network economy where sectors differ in their price rigidity, factor intensities, use of intermediate inputs, and contribution to final demand. The model implies an aggregat
Autor:
HAFEDH BOUAKEZ, LAURENT KEMOE
Publikováno v:
Journal of Money, Credit and Banking.
Publikováno v:
Journal of Monetary Economics
Journal of Monetary Economics, Elsevier, 2020, 114, pp.334-349. ⟨10.1016/j.jmoneco.2019.03.006⟩
Journal of Monetary Economics, 2020, 114, pp.334-349. ⟨10.1016/j.jmoneco.2019.03.006⟩
Journal of Monetary Economics, Elsevier, 2020, 114, pp.334-349. ⟨10.1016/j.jmoneco.2019.03.006⟩
Journal of Monetary Economics, 2020, 114, pp.334-349. ⟨10.1016/j.jmoneco.2019.03.006⟩
We study optimal fiscal policy in an economy plunged into a deep recession characterized by a liquidity trap, and in which the government can allocate spending both to consumption and investment goods. Public investment increases the stock of public
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::ead4f516a9bf2a08cd37f54c3f09b9ab
https://hal.archives-ouvertes.fr/hal-03492170
https://hal.archives-ouvertes.fr/hal-03492170
Publikováno v:
Séminaire invité, University of British Columbia
Séminaire invité, University of British Columbia, Nov 2019, Vancouver, Canada
Séminaire OFCE
Séminaire OFCE, Sep 2019, Paris, France
Séminaire DEEP, Université de Lausanne
Séminaire DEEP, Université de Lausanne, Oct 2019, Lausanne, Switzerland
Journal of Monetary Economics
Journal of Monetary Economics, Elsevier, 2020, 117, pp. 990-1007. ⟨10.1016/j.jmoneco.2020.07.007⟩
Workshop Meanfield games & heterogenous agents
Workshop Meanfield games & heterogenous agents, Sep 2019, Le Mans, France
Journal of Monetary Economics, vol. 117, pp. 990-1007
Journal of Monetary Economics, 2020, 117, pp. 990-1007. ⟨10.1016/j.jmoneco.2020.07.007⟩
Séminaire invité, University of British Columbia, Nov 2019, Vancouver, Canada
Séminaire OFCE
Séminaire OFCE, Sep 2019, Paris, France
Séminaire DEEP, Université de Lausanne
Séminaire DEEP, Université de Lausanne, Oct 2019, Lausanne, Switzerland
Journal of Monetary Economics
Journal of Monetary Economics, Elsevier, 2020, 117, pp. 990-1007. ⟨10.1016/j.jmoneco.2020.07.007⟩
Workshop Meanfield games & heterogenous agents
Workshop Meanfield games & heterogenous agents, Sep 2019, Le Mans, France
Journal of Monetary Economics, vol. 117, pp. 990-1007
Journal of Monetary Economics, 2020, 117, pp. 990-1007. ⟨10.1016/j.jmoneco.2020.07.007⟩
Highlights • We propose a model with uninsured unemployment risk that generates countercyclical spending multipliers • Government spending lowers precautionary saving, which further raises aggregate demand • Due to labor-market frictions, this
Publikováno v:
Journal of Economic Dynamics and Control. 93:5-21
We study optimal debt management in the face of shocks that can drive the economy into a liquidity trap and call for an increase in public spending in order to mitigate the resulting recession. Our approach follows the literature of macroeconomic mod
Does the crowding-in effect of public spending on private consumption undermine neoclassical models?
Publikováno v:
Research in Economics. 71:399-410
Empirical evidence from vector autoregressions (VARs) showing that public spending shocks crowd in private consumption has been seen as evidence against standard neoclassical models of the business cycle. We show that a standard real business cycle m
Autor:
Fabienne E. Gouba, Hafedh Bouakez
Publikováno v:
Macroeconomic Dynamics. 21:1484-1507
Should foreign aid be tied or untied? We study this question in the context of a dynamic growth model in which agents can accumulate human capital through education. We compare the growth and welfare implications of three polar scenarios in which for
Publikováno v:
International Economic Review. 50:1243-1266
This article constructs and estimates a sticky-price, Dynamic Stochastic General Equilibrium model with heterogeneous production sectors. Firms in different sectors vary in their price rigidity, production technology, and the combination of material
Autor:
Hafedh Bouakez, Takashi Kano
Publikováno v:
Applied Economics Letters. 16:1215-1219
Using a Monte Carlo approach, we evaluate the small-sample properties of four different tests of the present-value model (PVM) of the current account: the nonlinear Wald, linear Wald, Lagrange multiplier and likelihood ratio tests. We find that the n
Autor:
Hafedh Bouakez, Nooman Rebei
Publikováno v:
Journal of International Economics. 75:249-267
Several empirical studies suggest that exchange rate pass-through has declined in recent years among industrialized countries. Results for Canada also indicate that import and consumer prices have become less responsive to exchange rate movements in