Estimates of the fiscal impact multiplier in reduced-form equations

Stefan Belliveau

MPRA Paper from University Library of Munich, Germany

Abstract: An analysis of the multiplier for the US federal government's consumption expenditures is presented. A simple approach to identify the influence of the federal government's consumption expenditures on economic activity using reduced-form equations is clearly presented and examined using annual US data from 1929-2011. The conclusion from this analysis is that estimates from reduced-form equations can inform fiscal-policy decision making.

Keywords: Business cycles; fiscal policy (search for similar items in EconPapers)
JEL-codes: E32 E62 (search for similar items in EconPapers)
Date: 2012-03-05
New Economics Papers: this item is included in nep-mac
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https://mpra.ub.uni-muenchen.de/37103/1/MPRA_paper_37103.pdf original version (application/pdf)
https://mpra.ub.uni-muenchen.de/37166/1/MPRA_paper_37166.pdf revised version (application/pdf)
https://mpra.ub.uni-muenchen.de/37605/1/MPRA_paper_37605.pdf revised version (application/pdf)
https://mpra.ub.uni-muenchen.de/38062/1/MPRA_paper_38062.pdf revised version (application/pdf)

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