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This paper investigates how expectations about future government spending affect the transmission of fiscal policy shocks. We study the effects of two different types of government spending shocks in the United States: (i) spending shocks that are accompanied by an expected reversal of public...
Persistent link: https://www.econbiz.de/10009238019
This paper investigates how expectations about future government spending affect the transmission of fiscal policy shocks. We study the effects of two different types of government spending shocks in the United States: (i) spending shocks that are accompanied by an expected reversal of public...
Persistent link: https://www.econbiz.de/10009238567
Persistent link: https://www.econbiz.de/10011309182
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intellectual/technical advancement and focus instead on the sharing of ideas. We introduce what we have termed the “Idea Multiplier …” and the “Idea Diffusion” metrics, time series of academic paper citations within and across industries (Idea Multiplier …
Persistent link: https://www.econbiz.de/10012822912
investment multiplier is likely to be much higher than what has been assumed by the policy makers and much higher that the … consumption multiplier. This points out that the consolidation should be accompanied by increased public investment …
Persistent link: https://www.econbiz.de/10013034547