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...
| Autor principal: | |
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| Formato: | Periódico |
| Idioma: | English |
| Publicado em: |
Washington, D.C. :
International Monetary Fund,
2017.
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| Colecção: | IMF Working Papers; Working Paper ;
No. 2017/049 |
| Acesso em linha: | Full text available on IMF |