The DOI matches its Crossref record; 6 of the 6 references it cites were found in a registry or an index.
Output Spillovers from Fiscal Policy
Abstract
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.
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Citations
Cites
Consistent Covariance Matrix Estimation with Spatially Dependent Panel Data
Driscoll, J. C., & Kraay, A. C. (1998) · Review of Economics and Statistics · doi:10.1162/003465398557825 · Cited by 6,865
Measuring the Output Responses to Fiscal Policy
Auerbach, A. J., & Gorodnichenko, Y. (2012) · American Economic Journal: Economic Policy · doi:10.1257/pol.4.2.1 · Cited by 1,726
Self-citationMacroeconomic Effects From Government Purchases and Taxes *
Barro, R. J., & Redlick, C. J. (2011) · The Quarterly Journal of Economics · doi:10.1093/qje/qjq002 · Cited by 837
Fiscal Multipliers in Recession and Expansion
Auerbach, A. J., & Gorodnichenko, Y. (2013) · University of Chicago Press eBooks · doi:10.7208/chicago/9780226018584.003.0003 · Cited by 797
Self-citationBy How Much Does GDP Rise if the Government Buys More Output?
Hall, R. (2009) · National Bureau of Economic Research · doi:10.3386/w15496 · Cited by 506
By How Much Does GDP Rise If the Government Buys More Output?
Hall, R. E. (2009) · Brookings Papers on Economic Activity · doi:10.1353/eca.0.0069 · Cited by 343
Cited by
Oil prices and inflation dynamics: Evidence from advanced and developing economies
Choi, S., Furceri, D., Loungani, P., Mishra, S., & Poplawski-Ribeiro, M. (2018) · Journal of International Money and Finance · doi:10.1016/j.jimonfin.2017.12.004 · Cited by 336
Metadata
- Authors
- Auerbach, A. J., & Gorodnichenko, Y.
- Venue
- American Economic Review
- Publisher
- American Economic Association
- Published
- 2013-05-01
- Volume
- 103
- Issue
- 3
- Pages
- 141-146
- ISSN
- 0002-8282 (ISSN-L)
- OpenAlex
- W2062290782
- Cited by
- 384
- References
- 6
- FWCI
- 45.77
- Type
- journal article
- Language
- en
- Open access
- closed
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