News of defence spending changes the economic behaviour of people and firms
Zeev, Nadav Ben
(2017)
News of defence spending changes the economic behaviour of people and firms
[Online resource]
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, the interest rate and inflation, as well as significant impact responses for consumption and investment.
| Item Type | Online resource |
|---|---|
| Copyright holders | © 2017 The Author(s) |
| Departments | LSE |
| Date Deposited | 14 Nov 2017 11:15 |
| URI | https://researchonline.lse.ac.uk/id/eprint/85518 |
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