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Output Spillovers from Fiscal Policy

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NBER2012-11-01 更新2025-01-04 收录
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In this paper, we estimate the cross-country spillover effects of government purchases on output for a large number of OECD countries. Following the methodology in Auerbach and Gorodnichenko (2012a, b), we allow these multipliers to vary smoothly according to the state of the economy and use real

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2012-11-01
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