Dynamics of government spending cyclicality
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 36 advanced economies from 1970 to...
Main Author: | |
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Format: | article |
Language: | eng |
Published: |
2021
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Subjects: | |
Online Access: | http://hdl.handle.net/10362/110791 |
Country: | Portugal |
Oai: | oai:run.unl.pt:10362/110791 |