Statistical Analysis of State-Dependent Government Spending Multipliers

依赖国家的政府支出乘数的统计分析

• 批准号: DP210101440
• 负责人: A/Prof Bonsoo Koo
• 金额: $ 23.7万
• 依托单位: Monash University
• 依托单位国家: 澳大利亚
• 项目类别: Discovery Projects
• 财政年份: 2022
• 资助国家: 澳大利亚
• 起止时间: 2022-06-02 至 2025-06-01
• 项目状态: 未结题
• 来源: https://dataportal.arc.gov.au/RGS/Web/Grants/DP210101440
• 关键词: Statistical; Analysis; State; Dependent; Government

This project aims to provide a new statistical analysis of the government spending multiplier by acknowledging that government spending is the sum of sectoral spending which has heterogeneous effects on the economy. An added complication is that the multiplier can also be state-dependent, meaning that its magnitude can differ across recessions and expansions. Expected outcomes of this project include a better understanding of the components of the multiplier by novel decomposition and the development of a new statistical test for the state-dependency of the multiplier. This should provide significant benefits to researchers by bringing in new tools and insights and to policymakers by providing timely guidance on fiscal policies.

该项目旨在通过承认政府支出是对经济具有异质影响的部门支出的总和来提供政府支出乘数的新统计分析。另一个复杂之处在于，乘数也可能取决于国家，这意味着其大小在经济衰退和扩张时可能会有所不同。该项目的预期成果包括通过新颖的分解更好地理解乘数的组成部分以及开发乘数状态依赖性的新统计测试。这应该通过引入新的工具和见解为研究人员带来显着的好处，并通过提供及时的财政政策指导为政策制定者带来显着的好处。