Are Government Spending Multipliers Greater during Periods of Slack? Evidence from Twentieth-Century Historical Data
Michael T. Owyang; Valerie Ramey; Sarah Zubairy · 2013 · American Economic Review
WASTE classifies this as Negative / Null Result Report · AI classification, approximate
The study found no significant effect — useful as a negative control or null benchmark for your own design.
Abstract (excerpt)
A key question that has arisen during recent debates is whether government spending multipliers are larger during times when resources are idle. This paper seeks to shed light on this question by analyzing new quarterly historical data…
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Metadata source: OpenAlex · DOI 10.1257/aer.103.3.129