How does an increase in government purchases affect economy?

This article studies the impact on aggregate economic activity of increases in defense purchases which are unrelated to other developments in the economy. The authors use empirical evidence to evaluate the predictions of several prominent models.

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Year of publication:	1998
Authors:	Eichenbaum, Martin ; Fisher, Jonas D.M.
Published in:	Economic Perspectives. - Federal Reserve Bank of Chicago. - 1998, Q III, v. 22, no. 3, p. 29-43
Publisher:	Federal Reserve Bank of Chicago
Subject:	Economic development \| Macroeconomics \| Labor market \| Expenditures \| Public \| Defense industries

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005499174