Abstract
Results of tests using the one- and two-variable definitions of the government deficit are found consistent. Both indicate negative net effects of stimulus programs, with the two-variable tests indicating larger negative results.
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Heim, J.J. (2017). Are Findings Of One- and Two-Variable Deficit Models Consistent?. In: Crowding Out Fiscal Stimulus. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-45967-7_9
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DOI: https://doi.org/10.1007/978-3-319-45967-7_9
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Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-319-45966-0
Online ISBN: 978-3-319-45967-7
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