links for 2010-07-12

Miguel Almunia et al.: The effectiveness of fiscal and monetary stimulus in depressions







Giancarlo Corsetti, SAndre Meier, and Gernot Muller: What determines government spending multipliers?

GC, AM, and GM: "Theory predicts that the effect of fiscal expansion varies... we evaluate the issue empirically.... Fiscal shocks are identified as residuals from an estimated government spending rule. These shocks are then...