Evaluating Changes in the Transmission Mechanism of Government Spending Shocks /

We empirically revisit the crowding-in effect of government spending on private consumption based on rolling windows of U.S. data. Results show that in earlier samples government spending is increasingly crowding in private consumption; however, this relation is reverted in the latest periods. We pr...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Rebei, Nooman
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2017.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2017/049
Online Zugang:Full text available on IMF