Political Connections, Allocation of Stimulus Spending, and the Jobs Multiplier
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https://www.nber.org/papers/w32574
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资源简介：
We study the role of firms political influence on the effectiveness of government spending using ARRA as a laboratory. Through an IV approach, we show that a 10 percentage points increase in the share of politically connected spending lowers the job creation effect of stimulus by 33 percent at the
提供机构：
美国国家经济研究局
创建时间：
2024-06-01
