Government spending, recession, and suicide: evidence from Japan
نویسندگان
چکیده
منابع مشابه
Government Spending Multipliers under Zero Lower Bound: Evidence from Japan∗
Using a rich data set on government spending forecasts, we estimate the effects of unexpected government spending both when the nominal interest rate is near zero lower bound (ZLB) and outside of ZLB period in Japan. The output multiplier is 1.5 on impact in the ZLB period while it is 0.7 outside of the ZLB period. We argue that this result is not driven by the amount of slack in the economy. W...
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متن کاملGovernment Spending Multipliers under the Zero Lower Bound: Evidence from Japan
Using a rich data set on government spending forecasts, we estimate the effects of unexpected government spending both when the nominal interest rate is near zero lower bound (ZLB) and outside of the ZLB period in Japan. The output multiplier is 1.5 on impact in the ZLB period, while it is 0.7 outside of the ZLB period. We estimate that the government spending shocks increase both private consu...
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ژورنال
عنوان ژورنال: BMC Public Health
سال: 2020
ISSN: 1471-2458
DOI: 10.1186/s12889-020-8264-1