Macroeconomic frameworks: Reconciling evidence and model predictions from demand shocks (Record no. 527483)
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| 000 -LEADER | |
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| fixed length control field | 01217nam a22001457a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 240902b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Auerbach, A.J., Gorodnichenko, Y. and Murphy, D. |
| 245 ## - TITLE STATEMENT | |
| Title | Macroeconomic frameworks: Reconciling evidence and model predictions from demand shocks |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
| Place of publication, distribution, etc | American Economic Journal: Macroeconomics |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 16(3), Jul, 2024: p.190-229 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | How do demand shocks affect the economy? We exploit detailed data on US defense spending to examine a large set of outcome variables in response to well-identified local demand shocks, jointly examining new outcomes (e.g., firm entry and housing rents) and other key macroeconomic outcomes and elasticities that previously have been estimated separately or in settings with weaker identification. We find that government spending crowds in employment, firm entry, private consumption, and labor productivity while also increasing local housing rents. To reconcile the evidence with theory, we study a model of economic slack.- Reproduced https://www.aeaweb.org/articles?id=10.1257/mac.20210033 |
| 773 ## - HOST ITEM ENTRY | |
| Main entry heading | American Economic Journal: Macroeconomics |
| 906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) | |
| Subject DIP | MACROECONOMICS |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Item type | Articles |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Permanent location | Current location | Date acquired | Serial Enumeration / chronology | Barcode | Date last seen | Koha item type |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Indian Institute of Public Administration | Indian Institute of Public Administration | 2024-09-02 | 16(3), Jul, 2024: p.190-229 | AR132924 | 2024-09-02 | Articles |