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

页码：633 / 640

页数：8

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