Concept

Deficit spending

Related publications (48)

Distributional justice, effectiveness, and costs of current and alternative solar PV incentive schemes in Switzerland

Like many other countries, Switzerland offers various incentives to promote residential solar PV, but not all households have equal access to them. Using a microsimulation approach based on merged data from the Swiss Household Budget Survey and Household E ...

2024

Agency Deficits in a Human Genetic Model of Schizophrenia: Insights From 22q11DS Patients

Olaf Blanke, Maude Schneider, Nathan Quentin Faivre, Roy Salomon, Oliver Alan Kannape, Mariia Kaliuzhna, Henrique Galvan Debarba

Schizophrenia is a chronic and disabling mental illness characterized by a disordered sense of self. Current theories suggest that deficiencies in the sense of control over one’s actions (Sense of Agency, SoA) may underlie some of the symptoms of schizophr ...

2022

Capturing trade-offs between daily scheduling choices

Michel Bierlaire, Timothy Michael Hillel, Janody Pougala

We propose a new modelling approach for daily activity scheduling which integrates the different daily scheduling choice dimensions (activity participation, location, schedule, duration and transportation mode) into a single optimisation problem. The funda ...

ELSEVIER SCI LTD2022

What Would You Do with $500? Spending Responses to Gains, Losses, News, and Loans

Andreas Fuster

We use survey questions about spending in hypothetical scenarios to investigate features of propensities to consume that are useful for distinguishing between consumption theories. We find that (1) responses to unanticipated gains are vastly heterogeneous ...

2021

The Pass-through of Bank Capital Requirements to Corporate Lending Spreads

Abhik Mukherjee

We study the impact of higher bank capital requirements on corporate lending spreads using granular bank- and loan-level data. Our empirical strategy employs the heterogeneity in capital requirements across banks and time of implementation in Switzerland. ...

2021

Dominant currency debt

Semyon Malamud

We propose a “debt view” to explain the dominant international role of the dollar. Within a simple capital-structure model with debt-currency choice, we show that the “dominant currency” is the one that (1) depreciates in global downturns over horizons of ...

2021

Fiscal Policy, Relative Prices and Net Exports in a Currency Union

Christian Pröbsting

This paper studies the effects of fiscal policy on net exports, the terms of trade and expenditure switching. Using data on government spending and consumption taxes for twelve euro area countries over 1996 to 2018, it shows that fiscal austerity shocks im ...

2020

Assisted Specification of Discrete Choice Models

Nicola Marco Ortelli

Determining appropriate utility specifications for discrete choice models is time-consuming and prone to errors. As the number of possible functions exponentially grows with the variables under consideration, analysts need to spend increasing amounts of ti ...

2020

Systemic Risk in Networks with a Central Node

Damir Filipovic, Léo Hamed Amini

We examine the effects on a financial network of clearing all contracts though a central node (CN), thereby transforming the original network into a star-shaped one. The CN is capitalized with external equity and a guaranty fund. We introduce a structural ...

SIAM PUBLICATIONS2020

Does Austerity Go Along With Internal Devaluations?

Luisa Lambertini

Cuts to government spending rather than increases in consumption taxes are statistically associated with internal devaluations in the euro area during the period 2010-2014. Countries that cut spending experienced a decline in nominal wages, rising net expo ...

2019

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