Przeglądaj według tematu "local projections"
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The Role of the Monetary Policy Stance for the Goverment Spending Multiplier in Poland
(2022-11)We empirically explore monetary and fiscal policy coordination in Poland. In particular, we study whether the empirical effects of a government spending shock on output depend on the stance of monetary policy. We find no ... -
Flowers vs garbage trucks: which type of local government investment has the greatest impact on economic growth
(2023-03)Recently, there has been a rise in research focused on determining the magnitude of the fiscal multiplier. One aspect of this research involves estimating the fiscal multiplier of specific components of government revenues ... -
Supply chains shocks and inflation in Europe
(2023-09)This article quantifies the effects of supply chains disruptions on inflation in European economies. We apply the local projections method in a panel framework and estimate responses of nine measures of consumer and producer ... -
Flowers vs Garbage Trucks: Which Type of Local Government Investment Has the Greatest Impact on Economic Growth?
(2024)This article is an empirical study of the values the fiscal multipliers of different types of local government investment for 73 NUTS-3 sub-regions in Poland over the period from 2007 to 2021. The findings suggest that in ...
