THE FISCAL MULTIPLIER AND ECONOMIC POLICY ANALYSIS IN THE UNITED STATES

被引：19
|
作者：
Whalen, Charles J. [1 ]
Reichling, Felix [1 ]
机构：
[1] Congress Budget Off, Macroecon Anal Div, Washington, DC 20515 USA
来源：
CONTEMPORARY ECONOMIC POLICY | 2015年 / 33卷 / 04期
关键词：
GOVERNMENT SPENDING MULTIPLIERS; SHOCKS; OUTPUT; TAXES; MODEL;
D O I：
10.1111/coep.12104
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The Great Recession sparked wide interest in the economic effects of fiscal policy. That interest is reflected in an ongoing debate over the size of the fiscal multiplier. This survey article addresses three questions: What models do economists use to estimate that multiplier? Why do estimates of it vary widely? How can economists use those estimates to judiciously analyze U.S. economic policy? (JEL E62, H30, H50)
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页码：735 / 746
页数：12
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