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Applied Economics Letters Volume 25, 2018 - Issue 15
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Original Articles

Do expectations matter? Reassessing the effects of government spending on key macroeconomic variables in Germany

Klaus GründlerChair of Economic Order and Social Policy, Department of Economics, Julius Maximilian University of Würzburg, Würzburg, Germany
&
Sarah SauerhammerChair of Economic Order and Social Policy, Department of Economics, Julius Maximilian University of Würzburg, Würzburg, GermanyCorrespondence[email protected]
Pages 1045-1050 | Published online: 26 Oct 2017

References

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  • Gerchert, S. 2015. “What Fiscal Policy Is Most Effective? A Meta-Regression Analysis.” Oxford Economic Papers 67 (3): 553–580. doi:10.1093/oep/gpv027.
  • Perotti, R., 2005. “Estimating the Effects of Fiscal Policy in OECD Countries.” CEPR Discussion Paper No. 4842, Centre for Economic Policy Research, London.
  • Perotti, R. 2007. “In Search of the Transmission Mechanism of Fiscal Policy.” In NBER Macroeconomic Annual 22, edited by D. Acemoglu, K. Rogoff, and M. Woolford, MIT-Press, Cambridge, MA: 169–226.
  • Ramey, V. A. 2011. “Identifying Government Spending Shocks: It’s All in the Timing.” Quarterly Journal of Economics 126 (1): 1–50. doi:10.1093/qje/qjq008.
  • World Bank. 2016. World Development Indicators Database. World Bank, Washington, DC.

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