Ricco, Giovanni; Ellahie, Atif - Volkswirtschaftliche Fakultät, … - 2012
spending shocks recovered from small Structural VARs (SVARs). Despite incorporating forecasts of government spending … spending as well as for components of government spending, and find remarkably heterogeneous responses. … of the estimates for the fiscal multiplier. We also find evidence of fiscal foresight and anticipation of the government …