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Werner Roeger
Researcher at Katholieke Universiteit Leuven
Publications - 116
Citations - 3715
Werner Roeger is an academic researcher from Katholieke Universiteit Leuven. The author has contributed to research in topics: Fiscal policy & Dynamic stochastic general equilibrium. The author has an hindex of 31, co-authored 111 publications receiving 3501 citations. Previous affiliations of Werner Roeger include Université libre de Bruxelles & European Commission.
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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.
Journal ArticleDOI
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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Basel III: Long-term impact on economic performance and fluctuations
Paolo Angelini,Laurent Clerc,Vasco C�rdia,Leonardo Gambacorta,Andrea Gerali,Alberto Locarno,Roberto Motto,Werner Roeger,Skander Van den Heuvel,Jan Vlček +9 more
TL;DR: In this article, the authors assess the long-term economic impact of the new regulatory standards (the Basel III reform), answering the following questions: (1) What is the impact of reform on longterm economic performance? (2) What are the benefits of reform in terms of reduced frequency and severity of financial crisis, analyzed in Basel Committee on Banking Supervision (BCBS, 2010b).
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Production function approach to calculating potential growth and output gaps Estimates for te EU Member States and the US
TL;DR: In this article, the authors describe the methodology for calculating potential growth and output gaps using a production function approach on the basis of the Commission services Spring 2002 economic forecasts, illustrated by providing estimates for the EU's Member States, the Euro Zone and EU15 aggregates as well as for the United States.