Markus Kirchner

Tinbergen Institute

Burg. Oudlaan 50

Rotterdam, 3062 PA

Netherlands

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Transmission of Government Spending Shocks in the Euro Area: Time Variation and Driving Forces

Tinbergen Institute Discussion Paper 10-021/2
Number of pages: 60 Posted: 12 Feb 2010
Markus Kirchner, Jacopo Cimadomo and Sebastian Hauptmeier
Tinbergen Institute, European Central Bank and European Central Bank (ECB) - Directorate General Economics
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Abstract:

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Government Spending Shocks, Fiscal Transmission Mechanism, Structural Change, Bayesian Analysis, Structural Vector Autoregressions, Time-Varying Parameter Models