Methodology

John Heim

Chapter Chapter 3 in Why Fiscal Stimulus Programs Fail, Volume 2, 2021, pp 41-78 from Springer

Abstract: Abstract This chapter reviews the structural regression model methodology used to evaluate whether deficit-financed fiscal stimulus programs consumer and business spending, and whether accommodate monetary policy or endogenous loanable funds growth can offset the problem. Standard methods are used to avail stationarity, endogeneity, heteroscedasticity, and multicollinearity problems. All initial findings for a model tested in one period of time are retested in 5–17 other time periods to ensure findings are not spurious. Extensive discussion of methods used to offset problems interpreting model results when both crowd out and crowd in years occur in the same sample, and when periods in which little change government spending or taxes are tested.

Keywords: Structural Models; Accommodate Monetary Policy Tests; Time Series Models Marginal Effects; Levels of Significance (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Chapter: Methodology (2021)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-64727-8_3

Ordering information: This item can be ordered from
http://www.springer.com/9783030647278

DOI: 10.1007/978-3-030-64727-8_3

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().