Estimating Local Fiscal Multipliers
By Juan Carlos Suárez Serrato, Philippe Wingender. 2016
217 citations recorded by the source corpus.
Subfields: Economics and Econometrics
View Paper: https://www.semanticscholar.org/paper/940a28ebb563189934d050895aeb9d4eae9a87db
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Citations in the corpus
- The Economic Effects of Public Financing: Evidence from Municipal Bond Ratings Recalibration (2017, methodology): “The evidence suggests that the recalibration helped upgraded counties to mitigate the large decline in employment during the 2007-2009 Great Recession (Mian and Sufi (2014)), and non-upgraded counties caught up some time after the recession.”
- Causal Inference in Urban and Regional Economics (2014, unknown): “…parts of the country such as the Northeast and Midwest, so controlling for parents’ education and outcomes may be important.18 More recently, Serrato et al. (2014) have used city population revisions because of decennial censuses to isolate exogenous variation in federal transfers to…”
- The Effects of Fiscal Consolidations: Theory and Evidence (2017, background): “Chodorow-Reich et al. (2012); Clemens and Miran (2012); Serrato and Wingender (2011) exploits cross-state variation to estimate the effect of public spending on employment and output.”
- Natural Experiments in Macroeconomics (2015, unknown): “Consider, for example, the paper by Serrato and Wingender (2014). Their instrument relies on the fact that federal spending at the local level is tied to the size of the local population.”
- Fiscal Stimulus in a Monetary Union: Evidence from U.S. Regions (2014, unknown): “ing (Clemens and Miran, 2010; Serrato and Wingender, 2010; Shoag, 2010; Wilson, 2011).”
- Trade Shocks and the Provision of Local Public Goods (2017, background): “There is substantial variation in the magnitude of transfers across localities and over time, with federal and state transfers apportioned based on formulas depending on a locality’s population and poverty rates measured during census years (Suarez Serrato and Wingender, 2014).”
- General Equilibrium Effects of Cash Transfers: Experimental Evidence from Kenya (2019, background): “…empirical evidence from rich countries shows that fiscal multipliers can sometimes be positive and large, based on non-experimental variation generated by policy changes (Chodorow-Reich 2019; Nakamura and Steinsson 2014; Suarez Serrato and Wingender 2016; Auerbach, Gorodnichenko, and Murphy 2020).”
- Tax Policy and Local Labor Market Behavior (2019, background): “…at $297.5 billion, the cost-per-job created is approximately $53,000.17 This cost-per-job is greater than estimates from the literature on fiscal multipliers (Suárez Serrato and Wingender, 2016; Chodorow-Reich, 2017), which place the cost-per-job from gov- ernment spending closer to $30,000.”