State Fiscal Policies and Regional Economic Activity
In this paper, I estimate a structural panel vector autoregression to study the consequences of changes in U.S. state government fiscal policies for local economic activity in the short-term. My main result is that the state-level spending multiplier is relatively small and the tax multiplier relati...
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Udgivet i: | MAGKS - Joint Discussion Paper Series in Economics (Band 46-2014) |
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Format: | Artikel |
Sprog: | engelsk |
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Philipps-Universität Marburg
2014
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MAGKS - Joint Discussion Paper Series in Economics