Government Spending Shocks in Quarterly and Annual Time Series

被引:32
|
作者
Born, Benjamin [1 ]
Mueller, Gernot J. [2 ]
机构
[1] Univ Munich, Leibniz Inst Econ Res, Ifo Inst, D-80539 Munich, Germany
[2] Univ Bonn, Dept Econ, Bonn, Germany
关键词
E62; government spending shocks; annual data; identification;
D O I
10.1111/j.1538-4616.2011.00498.x
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
Government spending shocks are frequently identified in quarterly time-series data by ruling out a contemporaneous response of government spending to other macroeconomic aggregates. We provide evidence that this assumption may not be too restrictive for annual time-series data.
引用
收藏
页码:507 / 517
页数:11
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