NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Government Investment and Fiscal Stimulus in the Short and Long Runs

Eric M. Leeper, Todd B. Walker, Shu-Chun Susan Yang

NBER Working Paper No. 15153
Issued in July 2009

---- Acknowledgements -----

We thank Juan Contreras, Paul Cullinan, Bob Dennis, Jonathan Huntley, and Bob Sunshine for helpful comments. The views expressed in this paper are those of authors and should not be interpreted as those of the Congressional Budget Office, or the National Bureau of Economic Research.

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