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How Does the U.S. Government Finance Fiscal Shocks?

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NBER2010-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/w16458
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资源简介:
We develop a method for identifying and quantifying the fiscal channels that help finance government spending shocks. We define fiscal shocks as surprises in defense spending and show that they are more precisely identified when defense stock data are used in addition to aggregate macroeconomic data
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2010-10-01
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