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43 p, 787.6 KB Government spending shocks in open economy VARs / Forni, Mario (Università degli studi di Modena e Reggio Emilia) ; Gambetti, Luca (Universitat Autònoma de Barcelona)
By using the Survey of Professional Forecasters, we provide new evidence on the openeconomy effects of government spending, focusing on a well-known puzzle in the literature, that the real exchange rate depreciates in response to a fiscal expansion. [...]
2016 - 10.1016/j.jinteco.2015.11.010
Journal of international economics, Vol. 99 (2016) , p. 68-84  
Detailed record - Creative Commons

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