Dynamics of government spending cyclicality
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DOI: 10.1016/j.econmod.2020.04.010
Abstract: Abstract Government spending policy has an important macroeconomic stabilization role. We empirically revisit the computation of fiscal cyclicality measures by employing a novel time-varying approach while explicitly dealing with endogeneity concerns. Analyzing a sample of… read more here.
Keywords: cyclicality; dynamics government; government spending; spending ... See more keywords