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We analyze whether government spending multipliers differ by the sign of the shock. Using aggregate historical U.S. data, we apply Ben Zeev's (2020) nonlinear diagnostic tests and find evidence of nonlinearities in the impulse response functions of both government spending and GDP. We then...
Persistent link: https://www.econbiz.de/10014247936
Methodology and Modelling -- Globarlisation and the Environment from a Development Perspective -- Trade and Environmental Policy Instruments and Reforms -- Empirical Modelling of Trade and the Environment -- Input-Based Pollution Estimates for Environmental Assessment in Developing Countries --...
Persistent link: https://www.econbiz.de/10014021880