Fiscal Policy, Wealth Effects, and Markups
收藏数据链接：
官方服务：
资源简介：
We document that variations in government purchases generate a rise in consumption, the real and the product wage, and a fall in the markup. This evidence is robust across alternative empirical methodologies used to identify innovations in government spending (structural VAR vs. narrative approach).
提供机构：
美国国家经济研究局创建时间：
2008-12-01
