Macroeconomic Effects From Government Purchases and Taxes
in The Quarterly Journal of Economics
February 2011; p ublished online February 2011 .
Journal Article. Subjects: Macroeconomics: Consumption, Saving, Production, Employment, and Investment; National Government Expenditures and Related Policies; Fiscal Policies and Behaviour of Economic Agents; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; Taxation, Subsidies, and Revenue. 17845 words.
For U.S. annual data that include World War II, the estimated multiplier for temporary defense spending is 0.4–0.5 contemporaneously and 0.6–0.7 over 2 years. If the change in defense...
What fiscal policy is most effective? A meta-regression analysis
in Oxford Economic Papers
July 2015; p ublished online March 2015 .
Journal Article. Subjects: Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Fiscal Policies and Behaviour of Economic Agents; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook. 11758 words.
I apply a meta-regression analysis to a unique data set of 104 studies on multiplier effects to derive stylized facts and quantify the differing effectiveness of the composition of fiscal...
Go to » abstract
