Are Government Spending Multipliers Greater During Periods of Slack? Evidence from 20th Century Historical Data

114 citations recorded by the source corpus.

Citations in the corpus

Presidents and the U.S. Economy: An Econometric Exploration (2014, unknown): “Owyang, Ramey, and Zubairy (2013), building on previous work by Balke and Gordon (1989), have constructed a quarterly real GDP series that dates all the way back to 1875.”
The Time for Austerity: Estimating the Average Treatment Effect of Fiscal Policy (2013, unknown): “State-dependent multipliers based on LPs have been taken up in some very recent papers (Auerbach and Gorodnichenko 2012, 2013, for the US and OECD; Owyang, Ramey, and Zubairy 2013, for U.S and Canada).”
State-dependent effects of fiscal policy (2014, unknown): “Our approach is in line with the approach used by related non-linear studies, for example, Auerbach and Gorodnichenko (2012), Owyang, Ramey, and Zubairy (2013), and Ramey and Zubairy (2013).8 To solve for the structural VAR (SVAR) model given the reduced-form VAR parameters, we impose shortrun zero…”
Household Debt and the Dynamic Effects of Income Tax Changes (2017, unknown): “taxes using the narrative approach pioneered by Romer and Romer (2010) and applied to aggregate tax changes in the United Kingdom by Cloyne (2013).”
Natural Experiments in Macroeconomics (2015, unknown): “Parsons and Vezina (2014), Cohen, Gurun, and Malloy (2014), and Burchardi, Chaney, and Hassan (2015) evaluate the causal impact of migrant networks on the variation in international trade and investment across locations in the United States.”