Explaining the Effects of Government Spending Shocks on Consumption and the Real Exchange Rate
收藏NBER2007-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w13328
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资源简介:
Using panel structural VAR analysis and quarterly data from four industrialized countries, we document that an increase in government purchases leads to an expansion in output and private consumption, a deterioration in the trade balance, and a depreciation of the real exchange rate (i.e., a
提供机构:
美国国家经济研究局
创建时间:
2007-08-01



