apply our methodology to US data to identify productivity news and defense spending shocks. We find that under both …

apply our methodology to US data to identify productivity news and defense spending shocks. We find that under both …

. The presented research encompasses theoretical and empirical aspects. First, defense spending by both countries was …

This paper contributes in economic literature by investigating the impact of defense spending on income inequality in … relationship between the series. The results indicate that defense spending improves income distribution in Iran. An inverted …-U shaped relationship exists between defense spending and income inequality while economic growth reduces income inequality …