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Record: oai:ARNO:398845

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Author M.K. Kirchner Title Fiscal policy and the business cycle: the impact of government expenditures, public debt, and sovereign risk on macroeconomic fluctuations Promotor S.J.G. van Wijnbergen Date 16-12-2011 Publisher Thela Thesis Place Amsterdam Year 2011 Pages xx, 226 ISBN 978 90 361 0266 7 Faculty Faculty of Economics and Business Abstract This thesis studies the role of fiscal policy over the business cycle based on a combination of empirical macroeconometric techniques and macroeconomic theory. The focus of the analysis to be conducted is on the impact of government expenditure policies, public debt, and sovereign default risk on short-run to medium-term macroeconomic dynamics. The aim of this analysis is to contribute to fill some of the gaps in contemporary research on fiscal policy that have become obvious in the context of the turbulent economic events over the past few years. Language English Note Tinbergen Institute research series no. 519 Document type Dissertation Download papers Thesis   Front cover Title pages Acknowledgements Contents List of tables List of figures List of abbreviations 1: Introduction 2: Transmission of government spending shocks in the euro area: time variation and driving forces 3: Expectations-based identification of government spending shocks under policy foresight 4: Financial stress, government policies, and the consequences of deficit financing 5: Sovereign default risk and macroeconomic fluctuations in an emerging market economy 6: Summary and conclusion Samenvatting | Summary in Dutch Zusammenfassung | Summary in German Bibliography Titles in the Tinbergen Institute research series Document finder Use this url to link to this page: http://dare.uva.nl/en/record/398845 Contact us about this recordNotify a colleague Add to bookbag

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