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The American Economic Review, ISSN 0002-8282, 8/2017, Volume 107, Issue 8, pp. 2409 - 2454
Journal Article
Journal of Monetary Economics, ISSN 0304-3932, 10/2016, Volume 83, pp. 90 - 105
A theory of macroeconomic development based on the novel concept of savings multiplier is developed. Capital accumulation changes relative prices, amplifying... 
China׳s savings puzzle | Overlapping generations | Intertemporal choices | BUSINESS, FINANCE | HABIT FORMATION | INCOME | CHINA | China's savings puzzle | ECONOMICS | MODEL | UNBALANCED GROWTH
Journal Article
Journal of Economic Dynamics and Control, ISSN 0165-1889, 02/2013, Volume 37, Issue 2, pp. 446 - 465
Does the fiscal multiplier depend on the exchange rate regime? To address this question, we first estimate a panel vector autoregression (VAR) model on... 
Monetary policy | Fiscal policy | Fiscal multiplier | Exchange rate regime | New Keynesian model | Panel VAR | GOVERNMENT SPENDING SHOCKS | PRICES | VARS | MONETARY-POLICY | ECONOMICS | Prices and rates | Money | Expenditures, Public | Analysis | Foreign exchange
Journal Article
Journal of Macroeconomics, ISSN 0164-0704, 03/2015, Volume 43, pp. 38 - 48
•We extend Romer and Romer (2010) and Cloyne (2013) and allow for asymmetric effects of tax shocks.•Tax cuts have significant positive effects on output in the... 
Tax multipliers | Nonlinear models | UNITED-STATES | UNANTICIPATED MONEY | OUTPUT | ECONOMICS | SHOCKS | Information asymmetry | Analysis | Taxation
Journal Article
Finance Research Letters, ISSN 1544-6123, 04/2019
Journal Article
Journal of Macroeconomics, ISSN 0164-0704, 06/2018, Volume 56, pp. 135 - 151
This paper studies the differences between fiscal multipliers in OECD economies across the credit cycle. Impulse responses are obtained using a state-dependent... 
Credit cycle | Fiscal policy | Fiscal multiplier | State dependence | Government spending | LIQUIDITY | TRANSMISSION | MONETARY-POLICY | ECONOMICS | DEBT | Business schools | Financial markets | Economic growth | Analysis | Austerity (Economic policy) | Expenditures, Public | Unemployment
Journal Article
Journal of Economic Studies, ISSN 0144-3585, 11/2018, Volume 45, Issue 6, pp. 1211 - 1223
Purpose The purpose of this paper is to examine whether a long-run stable money multiplier exists in Kazakhstan. It also investigates whether different... 
Lending channel | Credit view model | Money multiplier | Economic models | Money supply | Inflation | Foreign exchange rates | Aggregates | Monetary policy | Maximum likelihood method | Commercial banks | Interest rates
Journal Article
Cogent Economics & Finance, ISSN 2332-2039, 12/2016, Volume 4, Issue 1
The study hypothesized the existence of regime shifts in the conduct of monetary policy, occasioned by changing liquidity conditions in the domestic banking... 
money multiplier | E52 | banks liquidity | C62 | G21 | regime shifts | Banks liquidity | Money multiplier | Regime shifts | Monetary policy | Economic models | Inflation | Bank liquidity
Journal Article
Journal of Macroeconomics, ISSN 0164-0704, 03/2012, Volume 34, Issue 1, pp. 59 - 75
► We demonstrate that the money multiplier and the bank lending channel are archaic for the US. ► Recent literature provided evidence in favor of the bank... 
Lending channel | Monetary transmission mechanism | Money multiplier | ECONOMICS | MARKET | Monetary policy | Money | Analysis
Journal Article
International Journal of Monetary Economics and Finance, ISSN 1752-0479, 2016, Volume 9, Issue 2, pp. 212 - 223
Journal Article
Voprosy Ekonomiki, ISSN 0042-8736, 2018, Volume 2018, Issue 11, pp. 50 - 69
Journal Article
Global Economic Review, ISSN 1226-508X, 04/2017, Volume 46, Issue 2, pp. 81 - 100
This paper develops a small open economy dynamic stochastic general equilibrium model to study the implications of the use of foreign currency in export... 
E62 | External currency pricing | fiscal policy | East Asian economies | E32 | government spending reversals | F4 | TRADE | OUTPUT | SHOCKS | POLICY | EXCHANGE-RATE | MONETARY | ECONOMICS | RATE PASS-THROUGH | CONSUMPTION | Money | Fiscal policy | Foreign debt | Public debt | Government spending
Journal Article
Economics, ISSN 1864-6042, 2012, Volume 6, Issue 3, pp. 1 - 25
Journal Article
Applied Economics Letters, ISSN 1350-4851, 09/2014, Volume 21, Issue 13, pp. 875 - 877
Unconventional monetary policy intends to influence the economy at the zero lower bound. However, this policy becomes less effective due to a diminishing money... 
interest rates | monetary policy | money multipliers | ECONOMICS
Journal Article
Journal of Economic Studies, ISSN 0144-3585, 09/2012, Volume 39, Issue 5, pp. 512 - 536
Journal Article
Economics Letters, ISSN 0165-1765, 2007, Volume 96, Issue 2, pp. 189 - 195
We construct a dynamic general equilibrium model which displays the central features of the IS–LM model, and notably an income multiplier greater than one, so... 
IS–LM model | Multiplier | Dynamic stochastic general equilibrium models | IS-LM model | MONEY | ECONOMICS | dynamic stochastic general equilibrium models | multiplier
Journal Article
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