Economics at your fingertips  

Estimating Local Fiscal Multipliers

Juan Carlos Suárez Serrato () and Philippe Wingender ()

Working Papers from eSocialSciences

Abstract: This paper proposes a new source of cross-sectional variation that may identify causal impacts of Government spending on the economy. It uses the fact that a large number of federal spending programs depend on local population levels. Every ten years, the Census provides a count of local populations. Since a different method is used to estimate non-Census year populations, this change in methodology leads to variation in the allocation of billions of dollars in federal spending. The baseline results follow a treatment-effects framework where the effect of a Census Shock on federal spending, income, and employment growth by re-weighting the data based on an estimated propensity score that depends on lagged economic outcomes and observed economic shocks are estimated [Working Paper 22425]

Keywords: cross-sectional variation; Census; government spending; economy; American Recovery and Reinvestment Act (ARRA) (search for similar items in EconPapers)
Date: 2016-07
Note: Institutional Papers
References: Add references at CitEc
Citations View citations in EconPapers (24) Track citations by RSS feed

Downloads: (external link) ... onalPapers&aid=11109

Related works:
Working Paper: Estimating Local Fiscal Multipliers (2016) Downloads
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:

Access Statistics for this paper

More papers in Working Papers from eSocialSciences
Bibliographic data for series maintained by Padma Prakash ().

Page updated 2018-07-20
Handle: RePEc:ess:wpaper:id:11109