Estimation of the fiscal impact multiplier in reduced-form equations. Report as inadecuate




Estimation of the fiscal impact multiplier in reduced-form equations. - Download this document for free, or read online. Document in PDF available to download.

Abstract

An analysis of the multiplier for the US federal government-s consumption expenditures is presented. A simple approach to identify the influence of the federal government-s consumption expenditures on economic activity using reduced-form equations is clearly presented and examined using annual US data from 1929-2011. The conclusion from this analysis is that estimates from reduced-form equations can inform fiscal-policy decision making.



Item Type: MPRA Paper -

Original Title: Estimation of the fiscal impact multiplier in reduced-form equations.-

Language: English-

Keywords: Business cycles; fiscal policy-

Subjects: E - Macroeconomics and Monetary Economics > E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook > E62 - Fiscal PolicyE - Macroeconomics and Monetary Economics > E3 - Prices, Business Fluctuations, and Cycles > E32 - Business Fluctuations ; Cycles-





Author: Belliveau, Stefan

Source: https://mpra.ub.uni-muenchen.de/37166/







Related documents