Measuring the Output Responses to Fiscal Policy
---- Acknowledgements -----
This paper was presented at the NBER TAPES conference on Fiscal Policy, Varenna, June 14-16, 2010. We are grateful to Olivier Coibion, Lorenz Kueng, Alex Michaelides, Roberto Perotti, and participants in the UC Berkeley Departmental Seminar and the NBER/IGIER TAPES conference for comments and suggestions. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.