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Partisanship and Fiscal Policy in Economic Unions: Evidence from U.S. States

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NBER2021-02-01 更新2025-01-04 收录
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Partisanship of state level politicians affect the impact of federal fiscal policy in the U.S. Using data from close gubernatorial elections, we find partisan differences in the marginal propensity to spend federal transfers since the early 1980's: Republican governors spend less. A New Keynesian

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2021-02-01
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