Simple Analytics and Empirics of the Government Spending Multiplier and Other “Keynesian” Paradoxes
NBER Working Paper No. 15800
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I appreciate comments by Gary Becker, Jeff Miron, Kevin Murphy, and Rob Shimer. I will provide updates on this work on my blog www.panic2008.net. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.