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US fiscal indicators, inflation and output
Aksoy, Yunus; Melina, Giovanni - 2009
In this paper we explore the information content of a large set of fiscal indicators for US real output growth and inflation. We provide evidence that fluctuations in certain fiscal variables contain valuable information to predict fluctuations in output and prices. The distinction between...
Persistent link: https://www.econbiz.de/10003907103
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An empirical investigation of US fiscal expenditures and macroeconomic outcomes
Aksoy, Yunus; Melina, Giovanni - 2011
Persistent link: https://www.econbiz.de/10009305805
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US fiscal indicators, inflation and output
Aksoy, Yunus; Melina, Giovanni - In: The North American journal of economics and finance : a … 22 (2011) 3, pp. 221-236
Persistent link: https://www.econbiz.de/10009427390
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An empirical investigation of US fiscal expenditures and macroeconomic outcomes
Aksoy, Yunus; Melina, Giovanni - In: Economics letters 114 (2012) 1, pp. 64-68
Persistent link: https://www.econbiz.de/10009517283
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U.S. Fiscal Indicators, Inflation and Output
Aksoy, Yunus - 2012
In this paper we explore the information content of a large set of fiscal indicators for US real output growth and infl ation. We provide evidence that fluctuations in certain fiscal variables contain valuable information to predict fluctuations in output and prices. The distinction between...
Persistent link: https://www.econbiz.de/10013107607
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An Empirical Investigation of US Fiscal Expenditures and Macroeconomic Outcomes
Aksoy, Yunus - 2017
In addition to containing stable information to explain inflation, state-local expenditures also have a larger share of the forecast error variance of US inflation than the federal funds rate. Non-defense federal expenditures are useful in predicting real output variations and, starting from the...
Persistent link: https://www.econbiz.de/10012955620
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An Empirical Investigation of US Fiscal Expenditures and Macroeconomic Outcomes
Aksoy, Yunus; Melina, Giovanni - Birkbeck, Department of Economics, Mathematics & Statistics - 2011
In addition to containing stable information to explain inflation, state-local expenditures have also a larger share of the forecast error variance of US inflation than the Federal funds rate. Non-defense federal expenditures are useful in predicting real output variations and, starting from the...
Persistent link: https://www.econbiz.de/10009323073
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An empirical investigation of US fiscal expenditures and macroeconomic outcomes
Aksoy, Yunus; Melina, Giovanni - In: Economics Letters 114 (2012) 1, pp. 64-68
In addition to containing stable information to explain inflation, state-local expenditures also have a larger share of the forecast error variance of US inflation than the federal funds rate. Non-defense federal expenditures are useful in predicting real output variations and, starting from the...
Persistent link: https://www.econbiz.de/10010597184
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U.S. fiscal indicators, inflation and output
Aksoy, Yunus; Melina, Giovanni - In: The North American Journal of Economics and Finance 22 (2011) 3, pp. 221-236
In this paper we explore the information content of a large set of fiscal indicators for U.S. real output growth and inflation. We provide evidence that fluctuations in certain fiscal variables contain valuable information to predict fluctuations in output and prices. The distinction between...
Persistent link: https://www.econbiz.de/10010574525
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US Fiscal Indicators, Inflation and Output
Aksoy, Yunus; Melina, Giovanni - Birkbeck, Department of Economics, Mathematics & Statistics - 2009
In this paper we explore the information content of a large set of fiscal indicators for US real output growth and inflation. We provide evidence that fluctuations in certain fiscal variables contain valuable information to predict fluctuations in output and prices. The distinction between...
Persistent link: https://www.econbiz.de/10008458412