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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w6737 |
来源ID | Working Paper 6737 |
Understanding the Effects of a Shock to Government Purchases | |
Wendy Edelberg; Martin Eichenbaum; Jonas D.M. Fisher | |
发表日期 | 1998-09-01 |
出版年 | 1998 |
语种 | 英语 |
摘要 | This paper investigates the consequences of an exogenous increase in U.S. government purchases. We find that in response to such a shock, employment, output, and nonresidential investment rise, while real wages, residential investment, and consumption expenditures fall. The paper argues that a simple variant of the neoclassical model which distinguishes between nonresidential and residential investment is consistent with this evidence. |
URL | https://www.nber.org/papers/w6737 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/564245 |
推荐引用方式 GB/T 7714 | Wendy Edelberg,Martin Eichenbaum,Jonas D.M. Fisher. Understanding the Effects of a Shock to Government Purchases. 1998. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w6737.pdf(1418KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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