Gauging the effects of the German COVID-19 fiscal stimulus package

We simulate the fiscal stimulus package set up by the German government to alleviate the costs of the COVID-19 pandemic in a dynamic New Keynesian multi-sector general equilibrium model. We find that, cumulated over 2020–2022, output losses relative to steady state can be reduced by more than 6 PP....

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Detalles Bibliográficos
Autores principales: Hinterlang, Natascha, Moyen, Stephane, Röhe, Oke, Stähler, Nikolai
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier B.V. 2023
Materias:
Article
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10015777/
https://www.ncbi.nlm.nih.gov/pubmed/36999080
http://dx.doi.org/10.1016/j.euroecorev.2023.104407

Internet

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10015777/
https://www.ncbi.nlm.nih.gov/pubmed/36999080
http://dx.doi.org/10.1016/j.euroecorev.2023.104407

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