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Measuring the Output Responses to Fiscal Policy

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NBER2010-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w16311
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A key issue in current research and policy is the size of fiscal multipliers when the economy is in recession. We provide three insights. First, using regime-switching models, we find large differences in the size of spending multipliers in recessions and expansions with fiscal policy being
创建时间:
2010-08-01
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