How does an increase in government purchases affect economy?
) Economic Perspectives, 1998, issue Q III, pages 29-43 Abstract: This article studies the impact on aggregate economic activity of increases in defense purchases which are unrelated to other developments in the economy. The authors use empirical evidence to evaluate the predictions of several prominent models. Keywords: Economic development; Macroeconomics; Labor market; Expenditures, Public; Defense industries (search for similar items in EconPapers) Date: 1998 View list of references View citations in EconPapers Track citations by RSS feed Downloads: (external link) http://www.chicagofed.org/digital_assets/publicati … es/1998/ep3Q98_3.pdf (application/pdf) Related works: This item may be available elsewhere in EconPapers: Search for items with the same title.