Effects of Fiscal Shocks in a Globalized World
收藏NBER2015-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w21100
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资源简介：
While theoretical models consistently predict that government spending shocks should lead to appreciation of the domestic currency, empirical studies have been stubbornly finding depreciation. Using daily data on U.S. defense spending (announced and actual payments), we document that the dollar
提供机构：
美国国家经济研究局
创建时间：
2015-04-01
