J
Jan in 't Veld
Researcher at Directorate-General for Economic and Financial Affairs
Publications - 93
Citations - 3246
Jan in 't Veld is an academic researcher from Directorate-General for Economic and Financial Affairs. The author has contributed to research in topics: Fiscal policy & Dynamic stochastic general equilibrium. The author has an hindex of 28, co-authored 91 publications receiving 3074 citations.
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Effects of Fiscal Stimulus in Structural Models
Günter Coenen,Christopher J. Erceg,Charles Freedman,Charles Freedman,Davide Furceri,Davide Furceri,Michael Kumhof,René Lalonde,Douglas Laxton,Jesper Lindé,Annabelle Mourougane,Dirk Muir,Susanna Mursula,Carlos de Resende,John M. Roberts,Werner Roeger,Stephen Snudden,Stephen Snudden,Mathias Trabandt,Mathias Trabandt,Jan in 't Veld +20 more
TL;DR: The authors assesses the effectiveness of temporary fiscal stimulus using seven structural models used heavily by policymaking institutions, and conclude that temporary stimulus is most effective if it has some persistence and if monetary policy accommodates it.
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QUEST III: An Estimated Open-Economy DSGE Model of the Euro Area with Fiscal and Monetary Policy
TL;DR: In this paper, a DSGE model for an open economy and estimates it on euro area data using Bayesian estimation techniques was developed, which can be used to analyse the effectiveness of stabilisation policies.
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Effects of Fiscal Stimulus in Structural Models
Günter Coenen,Christopher J. Erceg,Charles Freedman,Davide Furceri,Michael Kumhof,René Lalonde,Douglas Laxton,Jesper Lindé,Annabelle Mourougane,Dirk Muir,Susanna Mursula,Carlos de Resende,John M. Roberts,Werner Roeger,Stephen Snudden,Mathias Trabandt,Jan in 't Veld +16 more
TL;DR: The authors compared seven structural DSGE models to discretionary fiscal stimulus shocks using seven different fiscal instruments, and compared the results to those of two prominent academic models, such as JEL E12, E13, E52, and E62.
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Fiscal consolidations and spillovers in the Euro area periphery and core
TL;DR: In this article, a model-based assessment of the macroeconomic impact of consolidations and their spillovers in the euro area in 2011-13 is presented, where the authors use a structural multi-country model to assess the impact of fiscal consolidation measures undertaken in the EA periphery and core.
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Stabilizing Output and Inflation: Policy Conflicts and Co-operation under a Stability Pact*
TL;DR: In this article, a game between an inflation-conservative central bank and a fiscal authority subject to an upper limit on the budget deficit is analyzed, and it is shown that complementarity or substitutability between the policies and the preference of each authority for the other authority's behaviour crucially depends on the type of shock hitting the economy.