Understanding the Effects of a Shock to Government Purchases
收藏NBER1998-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w6737
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资源简介：
This paper investigates the consequences of an exogenous increase in U.S. government purchases. We find that in response to such a shock, employment, output, and nonresidential investment rise, while real wages, residential investment, and consumption expenditures fall. The paper argues that a
提供机构：
美国国家经济研究局
创建时间：
1998-09-01
