Do federal budget deficits crowd out or crowd in private investment?

被引：17
|
作者：
Bahmani-Oskooee, M [1 ]
机构：
[1] Univ Wisconsin, Dept Econ, Milwaukee, WI 53201 USA
来源：
JOURNAL OF POLICY MODELING | 1999年 / 21卷 / 05期
关键词：
D O I：
10.1016/S0161-8938(98)00005-2
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
In this paper we try to shed some empirical light on the crowding-in versus crowding-out controversy in macroeconomics. Using quarterly data from the U.S. over 1947-1992 period and cointegration analysis, we estimate an investment function and provide evidence supporting the crowing-in argument. (C) 1999 Society for Policy Modeling. Published by Elsevier Science Inc.
引用
收藏
页码：633 / 640
页数：8
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