Y ˜ t

π t

Y ˜ t G ˜ t

Total

Government

Spending

Technology shock

0

0

0

0

Cost-push shock

0.0102

0.0015

0.0044

0.0161

Tax

Technology shock

0.0024

0

0.0055

0.0079

Cost-push shock

0

0

0

0

No Fiscal Policy

Technology shock

0.0024

0

0.0055

0.0079

Cost-push shock

0.0102

0.0015

0.0044

0.0161