Do Government Spending Multipliers Depend on the Sign of the Shock?
收藏NBER2023-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w31015
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资源简介：
We analyze whether government spending multipliers differ by the sign of the shock. Using aggregate historical U.S. data, we apply Ben Zeevs (2020) nonlinear diagnostic tests and find evidence of nonlinearities in the impulse response functions of both government spending and GDP. We then extend
提供机构：
美国国家经济研究局
创建时间：
2023-03-01
