Government policy response to war-expenditure shocks

Fernando Martin

No 2011-028, Working Papers from Federal Reserve Bank of St. Louis

Abstract: A theory of government policy determination, based on intertemporal distortion-smoothing and limited commitment, matches the set of stylized facts of U.S. wartime policy.

Keywords: Government spending policy; War - Economic aspects; War finance (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (3)

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Journal Article: Government Policy Response to War-Expenditure Shocks (2012)
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