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)
Hovedforfatter: Uhl, Matthias
Format: Artikel
Sprog:engelsk
Udgivet: Philipps-Universität Marburg 2014
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MAGKS - Joint Discussion Paper Series in Economics