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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....
| Autores principales: | , , , |
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
| Publicado: |
Elsevier B.V.
2023
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| Materias: | |
| 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 |