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We estimate the fiscal multiplier associated with shocks to government spending. We consider increases in government … is reflected in the value taken by the fiscal multiplier. This result is obtained when we identify fiscal shocks by the …
Persistent link: https://www.econbiz.de/10011406560
the generality of this result w.r.t. size and persistence of the shock, size of the government spending multiplier, and … spending on economic recovery. -- deficit spending ; government spending multiplier ; economic recovery ; economic ; growth. …
Persistent link: https://www.econbiz.de/10003857658
, the expenditure associated with military build-ups affects primarily the defense sector so that the resulting multiplier … powerful instrument for identifying government spending shocks. Furthermore, we show that the multiplier pertaining to non …-defense government spending is higher than the defense-spending multiplier estimated in the literature using military build …
Persistent link: https://www.econbiz.de/10009683406
, the expenditure associated with military build-ups affects primarily the defense sector so that the resulting multiplier … powerful instrument for identifying government spending shocks. Furthermore, we show that the multiplier pertaining to non …-defense government spending is higher than the defense-spending multiplier estimated in the literature using military build-ups …
Persistent link: https://www.econbiz.de/10013097432
Using data on U.S. state and federal taxes and transfers over a quarter century, we estimate a regression model that yields the marginal effect of any shift of market income share from one quintile to another on the entire post tax, post-transfer income distribution. We identify exogenous income...
Persistent link: https://www.econbiz.de/10014544770
government spending shocks, using Bayesian techniques for US data. I find the multiplier for government spending to be 1.12, and …
Persistent link: https://www.econbiz.de/10008736093
We estimate the fiscal (spending) multiplier using quarterly U.S. data, 1986-2017. We define government spending shocks …
Persistent link: https://www.econbiz.de/10013191269
We estimate state-dependent government spending multipliers for the United States. We use a Factor-Augmented Interacted Vector Autoregression (FAIVAR) model. This allows us to capture the time-varying monetary policy characteristics including the recent zero interest rate lower bound (ZLB)...
Persistent link: https://www.econbiz.de/10012209159
partisan differences to the less-polarized pre-Reagan era would increase the transfer multiplier by about 30 cents per dollar …, and variation in governor's partisan composition similarly lead to variation in the multiplier of around to 20 cents …
Persistent link: https://www.econbiz.de/10012419407
Multiplier (MM) approach. The analysis is performed through the Hybrid Input-Output (I-O) model that allows expressing the energy … of electricity production from RES. -- Environmental Policy ; Hybrid I-O model ; Macro Multiplier …
Persistent link: https://www.econbiz.de/10008735712