Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/46558
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dc.contributor.authorHolden, Steinaren_US
dc.contributor.authorSparrman, Victoriaen_US
dc.date.accessioned2011-06-10en_US
dc.date.accessioned2011-06-29T11:21:18Z-
dc.date.available2011-06-29T11:21:18Z-
dc.date.issued2011en_US
dc.identifier.urihttp://hdl.handle.net/10419/46558-
dc.description.abstractWe investigate empirically the effect of government purchases on unemployment in 20 OECD countries, for the period 1960-2007. Compared to earlier studies we use a data set with more variation in unemployment, and which allows for controlling for a host of factors that influence the effect of government purchases. We find that increased government purchases lead to lower unemployment; an increase equal to one percent of GDP reduces un-employment by 0.2 percentage point in the same year. The effect is greater in downturns than in booms, and also greater under a fixed exchange rate regime than under a floating regime.en_US
dc.language.isoengen_US
dc.publisher|aCenter for Economic Studies and Ifo Institute (CESifo) |cMunichen_US
dc.relation.ispartofseries|aCESifo working paper: Fiscal Policy, Macroeconomics and Growth |x3482en_US
dc.subject.jelE62en_US
dc.subject.jelH30en_US
dc.subject.ddc330en_US
dc.subject.keywordfiscal policyen_US
dc.subject.keywordunemploymenten_US
dc.subject.stwÖffentliche Beschaffungen_US
dc.subject.stwÖffentliche Ausgabenen_US
dc.subject.stwBeschäftigungseffekten_US
dc.subject.stwArbeitslosigkeiten_US
dc.subject.stwOECD-Staatenen_US
dc.titleDo government purchases affect unemployment?en_US
dc.typeWorking Paperen_US
dc.identifier.ppn661916146en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US

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