Zobrazeno 1 - 4
of 4
pro vyhledávání: '"Marie-Pierre Hory"'
Publikováno v:
Journal of International Money and Finance
Journal of International Money and Finance, Elsevier, In press, 116, pp.102413. ⟨10.1016/j.jimonfin.2021.102413⟩
Journal of International Money and Finance, Elsevier, In press, 116, pp.102413. ⟨10.1016/j.jimonfin.2021.102413⟩
In this paper, we demonstrate that the size of the fiscal multiplier depends both on currency mismatch and home bias. Our demonstration is based on a real two-country dynamic stochastic general equilibrium model with incomplete and imperfect internat
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::3a2324e5f0d0a8a4a30bd4135f3a38b0
https://doi.org/10.2139/ssrn.3854724
https://doi.org/10.2139/ssrn.3854724
Autor:
Marie-Pierre Hory
Publikováno v:
European Journal of Political Economy. 55:97-118
Fiscal interactions in Europe are a major challenge. Countries can cooperate or be engaged in a tax or a yardstick competition process. This paper uses a Spatial Dynamic Panel Data model (SDPD) to test the timing of fiscal stances interactions in Eur
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::c1a9f9000ebbfdc9bff75f6f8066dae8
https://doi.org/10.1016/j.ejpoleco.2017.11.005
https://doi.org/10.1016/j.ejpoleco.2017.11.005
Publikováno v:
SSRN Electronic Journal.
This paper aims to explain why fiscal multipliers are generally low, even close to zero, in emerging economies (EMEs). Our explanation jointly relies on the behavior of the exchange rate following a fiscal shock and on the proportion of external debt
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::40c418c57d76326d246a95984d122683
https://doi.org/10.2139/ssrn.3164823
https://doi.org/10.2139/ssrn.3164823
Autor:
Marie-Pierre Hory
Publikováno v:
International Economics
International Economics, Elsevier, 2016, 146, pp.59-84. ⟨10.1016/j.inteco.2015.11.002⟩
International Economics, Elsevier, 2016, 146, pp.59-84. ⟨10.1016/j.inteco.2015.11.002⟩
It is a well-established fact that Emerging Market Economies (EMEs) have smaller fiscal multipliers than Advanced Economies (AEs). We confirm this difference for our sample using Panel VAR and Interactive Panel VAR (Saborowski and Weber, 2013) models
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::b89de61af53416f8a4e7d1551f301b78
https://hal-univ-orleans.archives-ouvertes.fr/hal-03529566
https://hal-univ-orleans.archives-ouvertes.fr/hal-03529566
