Auflistung LIF-SAFE Working Papers nach Schlagwort "matching"

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    • The Time for Austerity: Estimating the Average Treatment Effect of Fiscal Policy 

      Jordà, Òscar; Taylor, Alan M. (2014-04-01)
      After the Global Financial Crisis a controversial rush to fiscal austerity followed in many countries. Yet research on the effects of austerity on macroeconomic aggregates was and still is unsettled, mired by the difficulty ...

    • Two Monetary Models with Alternating Markets 

      Camera, Gabriele; Chien, YiLi (2013-10-28)
      We present a thought-provoking study of two monetary models: the cash-in-advance and the Lagos and Wright (2005) models. We report that the different approach to modeling money — reduced-form vs. explicit role — neither ...