Using stock returns to identify government spending shocks

By Jonas D. M. Fisher, R. Peters. 2010

275 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/96b05ed2a4347ce4b94c4261c24e26c2e9a50cca

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In Economics and Econometrics

Citations in the corpus

Fiscal Stimulus in a Monetary Union: Evidence from U.S. Regions (2014, unknown): “…of increases in military spending associated with wars, which are plausibly unrelated to prevailing macroeconomic conditions (Ramey and Shapiro, 1998; Edelberg, Eichenbaum and Fisher, 1999; Burnside, Eichenbaum and Fisher, 2004; Ramey, 2010; Barro and Redlick, 2011; Fisher and Peters, 2010).”
Presidents and the U.S. Economy: An Econometric Exploration (2014, unknown): “106 NO. 4 We also looked at the defense-related government expenditures shocks measured by Fisher and Peters (2010).”
Chronicle of a war foretold : the macroeconomic effects of anticipated defense spending shocks (2014, background): “fense Shock Series Fisher and Peters (2011) have recently identified government spending shocks as the innovations to the accumulated excess returns of large US military contractors.”
How large is the Government Spending Multiplier? Evidence from World Bank Lending (2010, background): “For example Barro (1981), Ramey and Shapiro (1998), Ramey (2009), Fisher and Peters (2010) and Barro and Redlick (2010) all argue that changes in US military expenditures during major wars can be thought of in this way.”
How Big (Small?) are Fiscal Multipliers? (2011, unknown): “dollars) on one hand and the remaining countries on the other.(14) We nd that the scal multiplier is larger in large economies relative to small, with an impact multiplier of 0.”
On Measuring the Effects of Fiscal Policy in Recessions (2011, unknown): “In terms of magnitude, Hall (2009) concludes that VARs “.”