works on
factor models 1fiscal multipliers 1instrumental variables 1panel data 1regional economics 1structural vector autoregression 1

From the 1 of 1 linked paper with an AI index.

collaborators

1 paper

econ.EM2026

Global factors for local shocks in a data-scarce environment: with an application to regional fiscal multipliers in Italy

Giuseppe Cavaliere, Luca Fanelli, Marco Mazzali

The paper introduces a factor‑augmented proxy SVAR method for panel data with strong cross‑sectional dependence and few direct instruments, using global and local proxies to identi…