Matteo Fragetta
Dados Biográficos
| ID | 5935263 |
|---|---|
| NOME | Matteo Fragetta |
| PRENOMES | Matteo |
| SOBRENOME | Fragetta |
| ASSINATURA | FRAGETTA M |
| AFILIAÇÕES | University of Salerno |
| ORCID | 0000-0001-7764-0813 |
| VERIFICADO | Sim |
| TOTAL DE OBRAS | 6 |
| TOTAL DE CITAÇÕES | 0 |
| TOTAL COMO AUTOR | 6 |
| TOTAL COMO EDITOR | 0 |
| PRIMEIRO ANO DE PUBLICAÇÃO | 2011 |
| ANO MAIS RECENTE DE PUBLICAÇÃO | 2024 |
| ÍNDICE H | 0 |
Does one size fit all in the Euro Area? Some counterfactual evidence
This paper examines whether Euro Area countries would have faced a more favorable inflation output variability tradeoff without the Euro. We provide evidence supporting this claim for the periods of the Great Recession and the Sovereign Debt Crisis. The deterioration of the tradeoff becomes insignificant only after Draghi’s ‘ whatever it takes ’ announcement. Results show that the detrimental effect of the Euro is more severe for peripheral count…
The Euro Area Government Spending Multiplier in Demand‐ and Supply‐Driven Recessions
We estimate government spending multipliers in demand‐ and supply‐driven recessions for the Euro Area. Multipliers in a moderately demand‐driven recession are two to three times larger than in a moderately supply‐driven recession, with the difference between multipliers being non‐zero with very high probability. More generally, multipliers are inversely correlated with the deviation of inflation from its trend, implying that the more demand‐drive…
Regional multipliers across the Italian regions
This paper estimates the multipliers of different types of government spending in the 20 Italian administrative regions throughout 1994–2016. We derive region‐specific multipliers through a Bayesian random effect panel vector autoregressive model. We find that the EU structural funds, compared to the other types of government spending, provide the largest and most pervasively significant GDP multipliers, whereas the effectiveness of nationally fu…
Building back better
The Government Spending Multiplier at the Zero Lower Bound
We estimate state‐dependent government spending multipliers for the United States. We use a factor‐augmented interacted vector autoregression (FAIVAR) model. This allows us to capture the time‐varying monetary policy characteristics including the recent zero interest rate lower bound (ZLB) state, to account for the state of the business cycle and to address the limited information problem typically inherent in VARs. We identify government spendin…
The Effects of Fiscal Policy Shocks in Svar Models
We apply graphical modelling (GM) theory to identify fiscal policy shocks in SVAR models of the US economy. Unlike other econometric approaches – which achieve identification by relying on potentially contentious a priori assumptions – GM is a data based tool. Our results are in line with Keynesian theoretical models, being also quantitatively similar to those obtained in the recent SVAR literature à la Blanchard and Perotti (2002) , and contrast…
Sem obras proeminentes nesta página.
The Effects of Fiscal Policy Shocks in Svar Models
We apply graphical modelling (GM) theory to identify fiscal policy shocks in SVAR models of the US economy. Unlike other econometric approaches – which achieve identification by relying on potentially contentious a priori assumptions – GM is a data based tool. Our results are in line with Keynesian theoretical models, being also quantitatively similar to those obtained in the recent SVAR literature à la Blanchard and Perotti (2002) , and contrast…
The Government Spending Multiplier at the Zero Lower Bound
We estimate state‐dependent government spending multipliers for the United States. We use a factor‐augmented interacted vector autoregression (FAIVAR) model. This allows us to capture the time‐varying monetary policy characteristics including the recent zero interest rate lower bound (ZLB) state, to account for the state of the business cycle and to address the limited information problem typically inherent in VARs. We identify government spendin…
Regional multipliers across the Italian regions
This paper estimates the multipliers of different types of government spending in the 20 Italian administrative regions throughout 1994–2016. We derive region‐specific multipliers through a Bayesian random effect panel vector autoregressive model. We find that the EU structural funds, compared to the other types of government spending, provide the largest and most pervasively significant GDP multipliers, whereas the effectiveness of nationally fu…
Building back better
Does one size fit all in the Euro Area? Some counterfactual evidence
This paper examines whether Euro Area countries would have faced a more favorable inflation output variability tradeoff without the Euro. We provide evidence supporting this claim for the periods of the Great Recession and the Sovereign Debt Crisis. The deterioration of the tradeoff becomes insignificant only after Draghi’s ‘ whatever it takes ’ announcement. Results show that the detrimental effect of the Euro is more severe for peripheral count…
The Euro Area Government Spending Multiplier in Demand‐ and Supply‐Driven Recessions
We estimate government spending multipliers in demand‐ and supply‐driven recessions for the Euro Area. Multipliers in a moderately demand‐driven recession are two to three times larger than in a moderately supply‐driven recession, with the difference between multipliers being non‐zero with very high probability. More generally, multipliers are inversely correlated with the deviation of inflation from its trend, implying that the more demand‐drive…
Economics (6 obras) · Econometrics (4 obras) · Macroeconomics (4 obras) · Monetary Policy and Economic Impact (4 obras) · Government spending (3 obras) · Welfare (3 obras) · Business cycle (2 obras) · European Monetary and Fiscal Policies (2 obras) · Fiscal multiplier (2 obras) · Fiscal Policies and Political Economy (2 obras)