Does Crowd Out Really Occur? Empirical Evidence: Replication in Many Time Periods

John Heim

Chapter Chapter 14 in Why Fiscal Stimulus Programs Fail, Volume 1, 2021, pp 255-260 from Springer

Abstract: Abstract This chapter extends the initial tests in Chapter 13 tests to different, smaller time periods within the 1960–2010 period to ensure initial results were worthy of publishing, i.e., could be exhaustively replicated in other time periods and models, and were not spuriously related to just the initial time period tested. The goal was to create results so persuasive analysts would no need for further studies of whether crowd out exists.

Keywords: Consumption; Investment; Government deficits; Crowd out (search for similar items in EconPapers)
Date: 2021
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DOI: 10.1007/978-3-030-65675-1_14

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