Journal of Political Economy· 2017Q1
Government Spending Multipliers in Good Times and in Bad: Evidence from US Historical Data
- 1,417citations
- Q1SCImago
- 2017year
Short summary
US government spending multipliers are below unity regardless of economic slack, but may reach 1.5 near the zero lower bound.
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General Economics, Econometrics and FinanceEconomics, Econometrics and Finance