Government spending under alternative yield risk management schemes in Finland

Temporal Yield Variability under Conventional and Alternative Management Systems

Year to year variation in yield is an inherent risk associated with crop production and many growers rely on intensive mechanical or chemical inputs to preserve crop yield in the face of fluctuating environmental conditions. However, as interest grows in alternative crop management systems which depend less on external inputs, determining the degree to which management systems can impact the te...

Crab biodiversity under different management schemes of mangrove ecosystems

Reforestation is one of the Philippines’ government efforts to restore and rehabilitate degraded mangrove ecosystems. Although there is recovery of the ecosystem in terms of vegetation, the recovery of closely-linked faunal species in terms of community structure is still understudied. This research investigates the community structure of mangrove crabs under two different management schemes: p...

Government Spending Multipliers under Zero Lower Bound: Evidence from Japan∗

Using a rich data set on government spending forecasts, we estimate the effects of unexpected government spending both when the nominal interest rate is near zero lower bound (ZLB) and outside of ZLB period in Japan. The output multiplier is 1.5 on impact in the ZLB period while it is 0.7 outside of the ZLB period. We argue that this result is not driven by the amount of slack in the economy. W...

Government Spending and Growth

Government Spending: An Economic Boost?

The severe global economic downturn and the large stimulus programs that governments in many countries adopted in response have generated a resurgence in research on the effects of fiscal policy. One key lesson emerging from this research is that there is no single fiscal multiplier that sums up the economic impact of fiscal policy. Rather, the impact varies widely depending on the specific fis...