Advay Agarwal
Woodstock School- Mussoorie, Uttrakhand

MLA 8
Agarwal, Advay. "To what extent do short-run nominal rigidities limit the efficacy of demandside fiscal stimulus in stabilising an economy experiencing structural shocks?" Int. j. of Social Science and Economic Research, vol. 11, no. 9, Sept. 2026, pp. 5290-5300, doi.org/10.46609/IJSSER.2026.v11i09.050. Accessed Sept. 2026.
APA 6
Agarwal, A. (2026, September). To what extent do short-run nominal rigidities limit the efficacy of demandside fiscal stimulus in stabilising an economy experiencing structural shocks? Int. j. of Social Science and Economic Research, 11(9), 5290-5300. Retrieved from https://doi.org/10.46609/IJSSER.2026.v11i09.050
Chicago
Agarwal, Advay. "To what extent do short-run nominal rigidities limit the efficacy of demandside fiscal stimulus in stabilising an economy experiencing structural shocks?" Int. j. of Social Science and Economic Research 11, no. 9 (September 2026), 5290-5300. Accessed September, 2026. https://doi.org/10.46609/IJSSER.2026.v11i09.050.

References

[1] . Auerbach, A. J., & Gorodnichenko, Y. (2012). Measuring the output responses to fiscal policy. American Economic Journal: Economic Policy, 4(2), 1–27.
[2] . Bils, M., & Klenow, P. J. (2004). Some evidence on the importance of sticky prices. Journal of Political Economy, 112(5), 947–985.
[3] . Blanchard, O. J., & Leigh, D. (2013). Growth forecast errors and fiscal multipliers. American Economic Review, 103(3), 117–120.
[4] . Calvo, G. A. (1983). Staggered prices in a utility-maximizing framework. Journal of Monetary Economics, 12(3), 383–398.
[5] . Christiano, L., Eichenbaum, M., & Rebelo, S. (2011). When is the government spending multiplier large? Journal of Political Economy, 119(1), 78–121.
[6] . Eckstein, O. (1983). The DRI model of the U.S. economy. McGraw-Hill.
[7] . Fischer, S. (1977). Long-term contracts, rational expectations, and the optimal money supply rule. Journal of Political Economy, 85(1), 191–205.
[8] . Friedman, M. (1968). The role of monetary policy. American Economic Review, 58(1), 1–17. Keynes, J. M. (1936). The general theory of employment, interest and money. Macmillan.
[9] . Lucas, R. E., Jr. (1972). Expectations and the neutrality of money. Journal of Economic Theory, 4(2), 103–124.
[10] . Mankiw, N. G. (2013). Macroeconomics (8th ed.). Worth Publishers.
[11] . Nakamura, E., & Steinsson, J. (2008). Five facts about prices: A reevaluation of menu cost models. Quarterly Journal of Economics, 123(4), 1415–1464.
[12] . Phillips, A. W. (1958). The relation between unemployment and the rate of change of money wage rates in the United Kingdom, 1861–1957. Economica, 25(100), 283–299.
[13] . Ramey, V. A. (2019). Ten years after the financial crisis: What have we learned from the renaissance in fiscal research? Journal of Economic Perspectives, 33(2), 89–114.
[14] . Ramey, V. A., & Zubairy, S. (2018). Government spending multipliers in good times and in bad: Evidence from US historical data. Journal of Political Economy, 126(2), 850–901.
[15] . Taylor, J. B. (1980). Aggregate dynamics and staggered contracts. Journal of Political Economy, 88(1), 1–23.