Fiscal-Multipliers

George-Marios Angeletos · Chen Lian · Christian K. Wolf

The paper asks whether a government can run a deficit today — issuing “stimulus checks” — and allow debt to return to its initial level without any future tax hike or spending cut. In …

Asger L. Andersen · Kilian Huber · Niels Johannesen · Ludwig Straub · Emil Toft Vestergaard

This paper develops and implements a system of disaggregated economic accounts that breaks down national accounting positions into bilateral flows between small groups of consumers, producers, the …