Government spending news and surprise shocks: It’s the timing and persistence
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DOI: 10.1016/j.jmacro.2022.103446
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- Penghu Zhu & Yingying Hu & Ning Zhang, 2024. "How does civilization promote happiness? Insights from the Civilized Cities Program in China," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-18, December.
- Haug, Alfred A. & Sznajderska, Anna, 2024. "Government spending multipliers: Is there a difference between government consumption and investment purchases?," Journal of Macroeconomics, Elsevier, vol. 79(C).
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More about this item
Keywords
Fiscal foresight; Government spending shocks; News and surprise shocks; Survey of professional forecasters;All these keywords.
JEL classification:
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
- C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
Statistics
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