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Depósito Digital de Documentos de la UAB	Encontrados 4 registros	La búsqueda tardó 0.00 segundos.

49 p, 2.8 MB

Chronicle of a war foretold : the macroeconomic effects of anticipated defence spending shocks / Ben Zeev, Nadav (Ben Gurion University of the Negev) ; Pappa, Evi (Universitat Autònoma de Barcelona)
We identify US defense news shocks as shocks that best explain future moviments in defense spending over a five-year horizon and are orthogonal to current defense spending. Our identified shocks are strongly correlated with the Ramey (2011) news shocks, but explain a larger share of macroeconomic fluctuations and have significant demand effects. [...]
2017 - DOI (Digital Object Identifier)

10.1111/ecoj.12349
Economic journal, Vol. 127 Núm. 603 (2017) , p. 1568-1597

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51 p, 666.0 KB

Fiscal consolidation with tax evasion and corruption / Pappa, Evi (European University Institute (Itàlia)) ; Sajedi, Rana (European University Institute (Itàlia)) ; Vella, Eugenia (European University Institute (Itàlia))
Using cross country data we show that tax evasion and corruption are highly important for determining the size of the . scal multiplier. We introduce these two features in a New Keynesian model with search and matching frictions, in order to revisit the e¤ects of tax and expenditure based consolidations. [...]
2015 - DOI (Digital Object Identifier)

10.1016/j.jinteco.2014.12.004
Journal of international economics, Vol. 96 Núm. 1 (2015) , p. s56-s75

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50 p, 1.3 MB

Should I stay or should I go? Austerity, unemployment and migration / Bandeira, Guilherme ; Caballé, Jordi ; Vella, Eugenia
High unemployment and fiscal austerity during the recent crisis have led to significant migration outflows from the periphery of the euro area. This paper introduces endogenous migration both for the unemployed and employed members of the household in a small open economy DSGE model with search and matching frictions. [...]
The ADEMU Working Paper Series is being supported by the European Commission Horizon 2020 European Union funding for Research & Innovation, grant agreement No 649396.
2018 (ADEMU Working Paper Series ; 83)

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41 p, 664.8 KB

The government wage bill and private activity / Bermperoglou, Dimitrios ; Pappa, Evi ; Vella, Eugenia
We estimate the effects of public wage expenditures on output and the labor market in U. S. data by identifying shocks to public employment and public wages using sign restrictions. Public wage shocks do not induce significant effects on output, but disaggregating by government level reveals that their effects can be contractionary at the federal level and expansionary at the state and local level. [...]
The ADEMU Working Paper Series is being supported by the European Commission Horizon 2020 European Union funding for Research & Innovation, grant agreement No 649396.
2016 (ADEMU Working Paper Series ; 33)

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