Policy Development

Known as: Policy Developments, Developments, Policy, Development, Policy 
 
National Institutes of Health

Papers overview

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Highly Cited
2013
Highly Cited
2013
We explore how public spending responds to changes in the business cycle. We develop a political economy explanation of pro… (More)
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Highly Cited
2010
Highly Cited
2010
When the zero lower bound on nominal interest rates binds, monetary policy cannot provide appropriate stimulus. We show that in… (More)
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2009
2009
We study the role of the wealth e¤ect in the transmission of government spending shocks. To this end, we build an otherwise… (More)
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Highly Cited
2007
Highly Cited
2007
Fiscal policy is procyclical in many developing countries. We explain this policy failure with a political agency problem… (More)
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Highly Cited
2004
Highly Cited
2004
  • Bernardino Adão Banco de Portugal Nuno Alves Banco de Portuga Correia
  • 2004
The idea that a common monetary policy in a monetary union imposes costs when compared with independent policies at the country… (More)
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Highly Cited
2003
Highly Cited
2003
Economists, policy-makers, and the media often argue that the Maastricht Treaty and the Stability and Growth Pact make it… (More)
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Highly Cited
2002
Highly Cited
2002
This paper studies the effects of discretionary fiscal policy on output volatility and economic growth. Using data for ninety-one… (More)
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Highly Cited
2000
Highly Cited
2000
  • Gregory Mankiw
  • 2000
The macroeconomic analysis of fiscal policy is usually based on one of two canonical models--the Barro-Ramsey model of infinitely… (More)
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Highly Cited
2000
Highly Cited
2000
I n 1992, President Bush proposed legislation intended to speed up the recovery from the 1990-91 recession. Congress rejected… (More)
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1999
1999
This paper studies the properties of optimal fiscal policy in a stochastic growth model when the government cannot commit itself… (More)
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