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...

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Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Rebei, Nooman
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2017.
Sraith:IMF Working Papers; Working Paper ; No. 2017/049
Rochtain ar líne:Full text available on IMF