Abrams, Burton A.; Wang, Siyan - Department of Economics, Lerner College of Business and … - 2007
This paper examines the dynamic effects of government outlays on economic growth and the unemployment rate in the …: (1) positive shocks to government outlays will slow down economic growth and raise the unemployment rate; (2) different … types of government outlays have different effects on growth and unemployment, with transfers and subsidies having a larger …