Fiscal Multipliers in War and in Peace
收藏ICPSR2013-01-01 更新2026-04-16 收录
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http://www.icpsr.umich.edu/icpsrweb/ICPSR/studies/34707
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资源简介：
Proponents of fiscal stimulus argue that government spending is needed to replace the private spending normally lost during a recession. Estimates of the so-called fiscal multiplier based on wartime episodes are used to support the proposition that a peacetime intervention can "stimulate" the economy in a desirable manner. The author argues that a wartime crisis is fundamentally different from a peacetime economic crisis.
提供机构：
Federal Reserve Bank of St. Louis
创建时间：
2013-01-01
