Are government spending multipliers greater during periods of slack? evidence from 20th century historical data
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- Michael T. Owyang & Valerie A. Ramey & Sarah Zubairy, 2013. "Are Government Spending Multipliers Greater During Periods of Slack? Evidence from 20th Century Historical Data," NBER Working Papers 18769, National Bureau of Economic Research, Inc.
References listed on IDEAS
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More about this item
Keywords
Fiscal policy; Business cycles; Multiplier (Economics);All these keywords.
JEL classification:
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
NEP fields
This paper has been announced in the following NEP Reports:- NEP-HIS-2013-02-16 (Business, Economic and Financial History)
- NEP-MAC-2013-02-16 (Macroeconomics)
- NEP-PBE-2013-02-16 (Public Economics)
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