Government Spending and Private Activity
Author
Abstract
Suggested Citation
Note: EFG ME
Download full text from publisher
Other versions of this item:
- Valerie A. Ramey, 2012. "Government Spending and Private Activity," NBER Chapters, in: Fiscal Policy after the Financial Crisis, pages 19-55, National Bureau of Economic Research, Inc.
References listed on IDEAS
- Alan J. Auerbach & Yuriy Gorodnichenko, 2012.
"Measuring the Output Responses to Fiscal Policy,"
American Economic Journal: Economic Policy, American Economic Association, vol. 4(2), pages 1-27, May.
- Alan J. Auerbach & Yuriy Gorodnichenko, 2010. "Measuring the Output Responses to Fiscal Policy," NBER Chapters, in: Fiscal Policy (Trans-Atlantic Public Economics Seminar, TAPES), pages 1-27, National Bureau of Economic Research, Inc.
- Alan J. Auerbach & Yuriy Gorodnichenko, 2010. "Measuring the Output Responses to Fiscal Policy," NBER Working Papers 16311, National Bureau of Economic Research, Inc.
- Pappa, Evi & Brückner, Markus, 2010. "Fiscal expansions affect unemployment, but they may increase it," CEPR Discussion Papers 7766, C.E.P.R. Discussion Papers.
- Christina D. Romer & David H. Romer, 2010.
"The Macroeconomic Effects of Tax Changes: Estimates Based on a New Measure of Fiscal Shocks,"
American Economic Review, American Economic Association, vol. 100(3), pages 763-801, June.
- Christina D. Romer & David H. Romer, 2007. "The Macroeconomic Effects of Tax Changes: Estimates Based on a New Measure of Fiscal Shocks," NBER Working Papers 13264, National Bureau of Economic Research, Inc.
- Andrew Mountford & Harald Uhlig, 2009.
"What are the effects of fiscal policy shocks?,"
Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 24(6), pages 960-992.
- Mountford, A.W. & Uhlig, H.F.H.V.S., 2002. "What are the Effects of Fiscal Policy Shocks?," Other publications TiSEM af6a2f09-0045-471e-bba4-b, Tilburg University, School of Economics and Management.
- Andrew Mountford & Harald Uhlig, 2008. "What are the Effects of Fiscal Policy Shocks?," NBER Working Papers 14551, National Bureau of Economic Research, Inc.
- Mountford, Andrew & Uhlig, Harald, 2005. "What are the effects of fiscal policy shocks?," SFB 649 Discussion Papers 2005-039, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
- Uhlig, Harald & Mountford, Andrew, 2002. "What are the Effects of Fiscal Policy Shocks?," CEPR Discussion Papers 3338, C.E.P.R. Discussion Papers.
- Mountford, A.W. & Uhlig, H.F.H.V.S., 2002. "What are the Effects of Fiscal Policy Shocks?," Discussion Paper 2002-31, Tilburg University, Center for Economic Research.
- Ellen R. M cG rattan & Lee E. Ohanian, 2010.
"Does Neoclassical Theory Account For The Effects Of Big Fiscal Shocks? Evidence From World War Ii,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 51(2), pages 509-532, May.
- Ellen R. McGrattan & Lee E. Ohanian, 2006. "Does Neoclassical Theory Account for the Effects of Big Fiscal Shocks? Evidence From World War II," NBER Working Papers 12130, National Bureau of Economic Research, Inc.
- Ellen R. McGrattan & Lee E. Ohanian, 2008. "Does neoclassical theory account for the effects of big fiscal shocks? Evidence from World War II," Staff Report 315, Federal Reserve Bank of Minneapolis.
- Robert E. Hall, 2009.
"By How Much Does GDP Rise If the Government Buys More Output?,"
Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 40(2 (Fall)), pages 183-249.
- Robert E. Hall, 2009. "By How Much Does GDP Rise if the Government Buys More Output?," NBER Working Papers 15496, National Bureau of Economic Research, Inc.
- Gomes, Pedro Maia, 2010.
"Fiscal Policy and the Labour Market: The Effects of Public Sector Employment and Wages,"
IZA Discussion Papers
5321, Institute of Labor Economics (IZA).
- Pedro Gomes, 2011. "Fiscal policy and the labour market: the effects of public sector employment and wages," European Economy - Economic Papers 2008 - 2015 439, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
- Robert J. Barro & Charles J. Redlick, 2011.
"Macroeconomic Effects From Government Purchases and Taxes,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 126(1), pages 51-102.
- Robert J. Barro & Charles J. Redlick, 2009. "Macroeconomic Effects from Government Purchases and Taxes," NBER Working Papers 15369, National Bureau of Economic Research, Inc.
- Robert Barro, 2011. "Macroeconomic Effects from Government Purchases and Taxes," Annual Meeting Plenary 2011-1, Society for Economic Dynamics.
- Barro, Robert J. & Redlick, Charles J., 2010. "Macroeconomic Effects from Government Purchases and Taxes," ADB Economics Working Paper Series 232, Asian Development Bank.
- Daniel J. Wilson, 2010. "Fiscal spending multipliers: evidence from the 2009 American Recovery and Reinvestment Act," Working Paper Series 2010-17, Federal Reserve Bank of San Francisco.
- JonasD.M. Fisher & Ryan Peters, 2010.
"Using Stock Returns to Identify Government Spending Shocks,"
Economic Journal, Royal Economic Society, vol. 120(544), pages 414-436, May.
- Jonas D. M. Fisher & Ryan Peters, 2009. "Using stock returns to identify government spending shocks," Working Paper Series WP-09-03, Federal Reserve Bank of Chicago.
- Cragg, John G. & Donald, Stephen G., 1993. "Testing Identifiability and Specification in Instrumental Variable Models," Econometric Theory, Cambridge University Press, vol. 9(2), pages 222-240, April.
- Hooker, Mark A & Knetter, Michael M, 1997. "The Effects of Military Spending on Economic Activity: Evidence from State Procurement Spending," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 29(3), pages 400-421, August.
- James H. Stock & Motohiro Yogo, 2002. "Testing for Weak Instruments in Linear IV Regression," NBER Technical Working Papers 0284, National Bureau of Economic Research, Inc.
- Olivier Blanchard & Roberto Perotti, 2002.
"An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 117(4), pages 1329-1368.
- Olivier Blanchard & Roberto Perotti, 1999. "An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output," NBER Working Papers 7269, National Bureau of Economic Research, Inc.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Valerie A. Ramey, 2011. "Can Government Purchases Stimulate the Economy?," Journal of Economic Literature, American Economic Association, vol. 49(3), pages 673-685, September.
- Javier Andrés & José Emilio Boscá & Javier Ferri, 2011.
"Household Leverage and Fiscal Multipliers,"
Working Papers
1103, International Economics Institute, University of Valencia.
- Javier Andrés & José Boscá & Francisco Ferri, 2012. "Household leverage and fiscal multipliers," Working Papers 1215, Banco de España.
- Valerie A. Ramey & Sarah Zubairy, 2018.
"Government Spending Multipliers in Good Times and in Bad: Evidence from US Historical Data,"
Journal of Political Economy, University of Chicago Press, vol. 126(2), pages 850-901.
- Valerie A. Ramey & Sarah Zubairy, 2014. "Government Spending Multipliers in Good Times and in Bad: Evidence from U.S. Historical Data," NBER Working Papers 20719, National Bureau of Economic Research, Inc.
- Valerie A. Ramey, 2019.
"Ten Years after the Financial Crisis: What Have We Learned from the Renaissance in Fiscal Research?,"
Journal of Economic Perspectives, American Economic Association, vol. 33(2), pages 89-114, Spring.
- Ramey, Valerie A, 2019. "Ten Years After the Financial Crisis: What Have We Learned from the Renaissance in Fiscal Research?," University of California at San Diego, Economics Working Paper Series qt6cd687wc, Department of Economics, UC San Diego.
- Valerie A. Ramey, 2019. "Ten Years after the Financial Crisis: What Have We Learned from the Renaissance in Fiscal Research?," NBER Working Papers 25531, National Bureau of Economic Research, Inc.
- Sylvain Leduc & Daniel Wilson, 2013.
"Roads to Prosperity or Bridges to Nowhere? Theory and Evidence on the Impact of Public Infrastructure Investment,"
NBER Macroeconomics Annual, University of Chicago Press, vol. 27(1), pages 89-142.
- Sylvain Leduc & Daniel Wilson, 2012. "Roads to Prosperity or Bridges to Nowhere? Theory and Evidence on the Impact of Public Infrastructure Investment," NBER Chapters, in: NBER Macroeconomics Annual 2012, Volume 27, pages 89-142, National Bureau of Economic Research, Inc.
- Sylvain Leduc & Daniel Wilson, 2012. "Roads to Prosperity or Bridges to Nowhere? Theory and Evidence on the Impact of Public Infrastructure Investment," NBER Working Papers 18042, National Bureau of Economic Research, Inc.
- Daniel Wilson & Sylvain Leduc, 2012. "Roads to Prosperity or Bridges to Nowhere? Theory and Evidence on the Impact of Public Infrastructure Investment," 2012 Meeting Papers 210, Society for Economic Dynamics.
- Sylvain Leduc & Daniel J. Wilson, 2012. "Roads to prosperity or bridges to nowhere? theory and evidence on the impact of public infrastructure investment," Working Paper Series 2012-04, Federal Reserve Bank of San Francisco.
- Ramey, V.A., 2016.
"Macroeconomic Shocks and Their Propagation,"
Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 71-162,
Elsevier.
- Ramey, VA, 2016. "Macroeconomic Shocks and Their Propagation," University of California at San Diego, Economics Working Paper Series qt5mb353t2, Department of Economics, UC San Diego.
- Valerie A. Ramey, 2016. "Macroeconomic Shocks and Their Propagation," NBER Working Papers 21978, National Bureau of Economic Research, Inc.
- Sebastian Gechert & Ansgar Rannenberg, 2014. "Are Fiscal Multipliers Regime-Dependent? A Meta Regression Analysis," IMK Working Paper 139-2014, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
- Emi Nakamura & J?n Steinsson, 2014.
"Fiscal Stimulus in a Monetary Union: Evidence from US Regions,"
American Economic Review, American Economic Association, vol. 104(3), pages 753-792, March.
- Emi Nakamura & Jón Steinsson, 2011. "Fiscal Stimulus in a Monetary Union: Evidence from U.S. Regions," NBER Working Papers 17391, National Bureau of Economic Research, Inc.
- Ricco, Giovanni & Ellahie, Atif, 2012. "Government Spending Reloaded: Fundamentalness and Heterogeneity in Fiscal SVARs," MPRA Paper 42105, University Library of Munich, Germany.
- Sergio Restrepo-Ángel & Hernán Rincón-Castro & Juan J. Ospina-Tejeiro, 2020. "Multiplicadores de los impuestos y del gasto público en Colombia: aproximaciones SVAR y proyecciones locales," Borradores de Economia 1114, Banco de la Republica de Colombia.
- Felix Reichling & Charles Whalen, 2012. "Assessing the Short-Term Effects on Output of Changes in Federal Fiscal Policies: Working Paper 2012-08," Working Papers 43278, Congressional Budget Office.
- Restrepo-Ángel, Sergio & Rincón-Castro, Hernán & Ospina-Tejeiro, Juan J., 2022. "Multipliers of taxes and public spending in Colombia: SVAR and local projections approaches," Latin American Journal of Central Banking (previously Monetaria), Elsevier, vol. 3(3).
- Atems, Bebonchu, 2019. "The effects of government spending shocks: Evidence from U.S. states," Regional Science and Urban Economics, Elsevier, vol. 74(C), pages 65-80.
- Mario Di Serio & Matteo Fragetta & Emanuel Gasteiger & Giovanni Melina, 2022.
"The Euro Area Government Spending Multiplier in Demand- and Supply-Driven Recessions,"
CESifo Working Paper Series
9678, CESifo.
- Di Serio, Mario & Fragetta, Matteo & Gasteiger, Emanuel & Melina, Giovanni, 2023. "The Euro Area Government Spending Multiplier in Demand- and Supply-Driven Recessions?," ECON WPS - Working Papers in Economic Theory and Policy 02/2023, TU Wien, Institute of Statistics and Mathematical Methods in Economics, Economics Research Unit.
- Hussain, Syed M. & Liu, Lin, 2023. "Macroeconomic effects of government spending shocks: New narrative evidence from Canada," Journal of Macroeconomics, Elsevier, vol. 75(C).
- Alloza, Mario & Burriel, Pablo & Pérez, Javier J., 2019.
"Fiscal policies in the euro area: Revisiting the size of spillovers,"
Journal of Macroeconomics, Elsevier, vol. 61(C), pages 1-1.
- Mario Alloza & Pablo Burriel & Javier J. Pérez, 2018. "Fiscal policies in the euro area: revisiting the size of spillovers," Working Papers 1820, Banco de España.
- Ansgar Belke & Pascal Goemans, 2021.
"Uncertainty and nonlinear macroeconomic effects of fiscal policy in the US: a SEIVAR-based analysis,"
Journal of Economic Studies, Emerald Group Publishing Limited, vol. 49(4), pages 623-646, May.
- Belke, Ansgar & Goemans, Pascal, 2019. "Uncertainty and non-linear macroeconomic effects of fiscal policy in the US: A SEIVAR-based analysis," Ruhr Economic Papers 826, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
- Fuchs-Schündeln, N. & Hassan, T.A., 2016.
"Natural Experiments in Macroeconomics,"
Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 923-1012,
Elsevier.
- Nicola Fuchs-Schuendeln & Tarek Alexander Hassan, 2015. "Natural Experiments in Macroeconomics," NBER Working Papers 21228, National Bureau of Economic Research, Inc.
- Fuchs-Schündeln, Nicola & Hassan, Tarek, 2015. "Natural Experiments in Macroeconomics," CEPR Discussion Papers 10628, C.E.P.R. Discussion Papers.
- Mertens, Karel & Ravn, Morten O., 2014.
"A reconciliation of SVAR and narrative estimates of tax multipliers,"
Journal of Monetary Economics, Elsevier, vol. 68(S), pages 1-19.
- Ravn, Morten & Mertens, Karel, 2012. "A Reconciliation of SVAR and Narrative Estimates of Tax Multipliers," CEPR Discussion Papers 8973, C.E.P.R. Discussion Papers.
- Banerjee, Ryan & Zampolli, Fabrizio, 2019.
"What drives the short-run costs of fiscal consolidation? Evidence from OECD countries,"
Economic Modelling, Elsevier, vol. 82(C), pages 420-436.
- Ryan Niladri Banerjee & Fabrizio Zampolli, 2016. "What drives the short-run costs of fiscal consolidation? Evidence from OECD countries," BIS Working Papers 553, Bank for International Settlements.
More about this item
JEL classification:
- E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
NEP fields
This paper has been announced in the following NEP Reports:- NEP-MAC-2012-02-20 (Macroeconomics)
- NEP-PBE-2012-02-20 (Public Economics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nbr:nberwo:17787. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/nberrus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.