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

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.

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Year of publication:	2012-03-05
Authors:	Belliveau, Stefan

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Type of publication:	Book / Working Paper
Language:	English
Notes:	Belliveau, Stefan (2012): Estimation of the fiscal impact multiplier in reduced-form equations.
Classification:	E62 - Fiscal Policy; Public Expenditures, Investment, and Finance; Taxation ; E32 - Business Fluctuations; Cycles
Source:	BASE

Persistent link: https://www.econbiz.de/10015230935