Home About Latest Browse RSS Advanced Search

Federal Reserve Bank of Richmond
Richmond Fed Economic Brief
Estimating Aggregate Fiscal Multipliers from Local Data
Bill Dupor
Marios Karabarbounis
Marianna Kudlyak
M. Saif Mehkari
David A. Price
Abstract

Variations among regions in their responses to economic policies can be used to estimate the effects of those policies at the national level while minimizing or eliminating issues of reverse causation. Recent research has employed county-level data to look at the effects of federal government spending — in particular, the 2009–12 stimulus — on aggregate consumption.


Download Full text
Cite this item
Bill Dupor & Marios Karabarbounis & Marianna Kudlyak & M. Saif Mehkari & David A. Price, "Estimating Aggregate Fiscal Multipliers from Local Data" , Federal Reserve Bank of Richmond, Richmond Fed Economic Brief, issue May, pages 1-5, 2018.
More from this series
JEL Classification:
Subject headings:
Keywords: Consumer Spending; Fiscal Multiplier; Regional Variation; Heterogeneous Agents
For corrections, contact Christian Pascasio ()
Fed-in-Print is the central catalog of publications within the Federal Reserve System. It is managed and hosted by the Economic Research Division, Federal Reserve Bank of St. Louis.

Privacy Legal