News of defence spending changes the economic behaviour of people and firms
Zeev, N. B. & Pappa, E.
(2017).
News of defence spending changes the economic behaviour of people and firms.
The expectation of changes in defence spending accounts for a non-negligible share of US output fluctuations, write Nadav Ben Zeev and Evi Pappa. Announced changes in US public spending on defence have a significant impact on the economic behaviour of firms and households. In particular, anticipated increases in defence spending induce a significant and persistent increase in output, hours worked, ...
| Item Type | Online resource |
|---|---|
| Copyright holders | © 2017 The Author(s) |
| Departments | LSE |
| Date Deposited | 14 Nov 2017 |
| URI | https://researchonline.lse.ac.uk/id/eprint/85466 |