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Consumer Spending, Fiscal Multiplier, Regional Variation, Heterogeneous Agents.
fiscal multiplier, regional variation, heterogeneous agents, consumer spending
Consumer Spending, Fiscal Multiplier, Regional Variation, Heterogeneous Agents
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Increasing returns, externalities, fluctuations, lotteries
monetary policy, fiscal policy, output multipliers, 2009 Recovery Act.
fiscal policy, K-12 education, American Recovery and Reinvestment Act
COVID-19, unemployment, unemployment benefits, pandemic emergency unemployment benefits, unemployment insurance, pandemic emergency unemployment insurance
unemployment benefits, employment
fiscal policy, jobs, the American Recovery and Reinvestment Act.
Government spending, multipliers, government-financed health care
COVID-19, employment, unemployment benefits
Consumer Spending, Fiscal Multiplier, Regional Variation, heterogeneous agents
aggregation, macroeconomic causal effect
local and spillover effects, aggregate fiscal multipliers
local-spillover decomposition, GMM, fiscal multipliers
news shocks, business cycles, Laplace transforms
fiscal policy, intensive and extensive labor margins, American Recovery and Reinvestment Act
inflation, supply-demand decomposition
fiscal policy, spillovers, American Recovery and Reinvestment Act
exchange rate, fiscal theory of the price level, indeterminacy, interest rate rules, money supply rules
