Replication data for: Output Spillovers from Fiscal Policy
Principal Investigator(s): View help for Principal Investigator(s) Alan J. Auerbach; Yuriy Gorodnichenko
Version: View help for Version V1
Name | File Type | Size | Last Modified |
---|---|---|---|
code_AuerbachGorodnichenko_AEAPP | 10/11/2019 06:32:PM | ||
LICENSE.txt | text/plain | 14.6 KB | 10/11/2019 02:32:PM |
Project Citation:
Auerbach, Alan J., and Gorodnichenko, Yuriy. Replication data for: Output Spillovers from Fiscal Policy. Nashville, TN: American Economic Association [publisher], 2013. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-11. https://doi.org/10.3886/E112612V1
Project Description
Summary:
View help for Summary
For a large number of OECD countries we estimate the cross-country spillover effects of government purchases on output. Following the methodology in Auerbach and Gorodnichenko (2012a, b), we allow these multipliers to vary smoothly according to the state of the economy and use real-time forecast data to purge policy innovations of their predictable components. Our findings suggest that cross-country spillovers have an important impact. The findings also confirm those of our earlier papers--namely that fiscal shocks have a larger impact when the affected country is in recession.
Scope of Project
JEL Classification:
View help for JEL Classification
E23 Macroeconomics: Production
E32 Business Fluctuations; Cycles
E62 Fiscal Policy
E23 Macroeconomics: Production
E32 Business Fluctuations; Cycles
E62 Fiscal Policy
Related Publications
Published Versions
Report a Problem
Found a serious problem with the data, such as disclosure risk or copyrighted content? Let us know.
This material is distributed exactly as it arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.