Fiscal policy at the zero lower bound and in macro-finance models at 'normal times'

The main topic of the thesis is the effect of fiscal policy in dynamic-stochastic general equilibrium (DSGE) models. Fiscal Policy has received considerable attention after the introduction of the stimulus package of US Government in 2009. In addition, we allow for the fact that the zero lower bound...

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Bibliographic Details
Main Author: Kaszab, Lorant
Published: Cardiff University 2014
Subjects:
Online Access:http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.620146