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...
Clasificación: | Libro Electrónico |
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Autor principal: | |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
Washington, D.C. :
International Monetary Fund,
2017.
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Colección: | IMF working paper ;
WP/17/49. |
Temas: | |
Acceso en línea: | Texto completo |