Parcourir Faculté des arts et des sciences – Département de sciences économiques - Travaux et publications par auteur·e "Ambler, Steve"

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  • The Effect of Public Spending on Consumption: Reconciling Theory and Evidence 

    Ambler, Steve; Bouakez, Hafedh; Cardia, Emanuela (Université de Montréal. Département de sciences économiques., 2008-09)
    Recent empirical evidence from vector autoregressions (VARs) suggests that public spending shocks increase (crowd in) private consumption. Standard general equilibrium models predict the opposite. We show that a standard real business cycle (RBC) model ...

  • International Transmission of the Business Cycle in a Multi-Sector Model 

    Ambler, Steve; Cardia, Emanuela; Zimmermann, Christian (Université de Montréal. Département de sciences économiques., 2000)
    Multi-country models have not been very successful in replicating important features of the international transmission of business cycles. Standard models predict cross-country correlations of output and consumption which are respectively too low and ...