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Roads to Prosperity or Bridges to Nowhere? Theory and Evidence on the Impact of Public Infrastructure Investment
16 references·15 citing·40 second hop
Roads to Prosperity or Bridges to Nowhere? Theory and Evidence on the Impact of Public Infrastructure Investment (2013)Roads to Prosperity or Bridges to Nowhere…The unpublished manuscript (2018)The unpublished manuscriptMeasuring the Output Responses to Fiscal Policy (2012)Measuring the Output Response…When Is the Government Spending Multiplier Large? (2011)When Is the Government Spendi…Identifying Government Spending Shocks: It's all in the Timing* (2011)Identifying Government Spendi…The Macroeconomic Effects of Tax Changes: Estimates Based on a New Measure of Fiscal Shocks (2010)The Macroeconomic Effects of …How Big (Small?) are Fiscal Multipliers? (2010)How Big (Small?) are Fiscal M…What are the effects of fiscal policy shocks? (2009)What are the effects of fisca…Estimation and Inference of Impulse Responses by Local Projections (2005)Estimation and Inference of I…An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output (2002)An Empirical Characterization…An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output (1999)An Empirical Characterization…Costly capital reallocation and the effects of government spending (1998)Costly capital reallocation a…Staggered Prices in a Utility-Maximizing Framework (1996)Staggered Prices in a Utility…Fiscal Policy in General Equilibrium (1990)Fiscal Policy in General Equi…Is public expenditure productive? (1989)Is public expenditure product…Investment, Capacity Utilization and the Real Business Cycle (1986)Investment, Capacity Utilizat…Staggered prices in a utility-maximizing framework (1983)Staggered prices in a utility…The Missing Intercept: A Demand Equivalence Approach (2023)The Missing Intercept: A Dema…Self-Harming Trade Policy? Protectionism and Production Networks (2023)Self-Harming Trade Policy? Pr…Hysteresis and fiscal stimulus in a recession (2022)Hysteresis and fiscal stimulu…Government Spending News and Surprise Shocks: It's The Timing and Persistence (2021)Government Spending News and …The Macroeconomic Consequences of Infrastructure Investment (2020)The Macroeconomic Consequence…Can government demand stimulate private investment? Evidence from U.S. federal procurement (2020)Can government demand stimula…Bias in Local Projections (2020)Bias in Local ProjectionsThe optimal composition of public spending in a deep recession (2019)The optimal composition of pu…Infrastructure investments and entrepreneurial dynamism in the U.S. (2018)Infrastructure investments an…Understanding the Size of the Government Spending Multiplier: It's in the Sign (2017)Understanding the Size of the…Government purchases reloaded: Informational insufficiency and heterogeneity in fiscal VARs (2017)Government purchases reloaded…Geographic Cross-Sectional Fiscal Spending Multipliers: What Have We Learned? (2017)Geographic Cross-Sectional Fi…From global savings glut to financing infrastructure (2017)From global savings glut to f…Government Spending Multipliers in Developing Countries : Evidence from Lending by Official Creditors (2013)Government Spending Multiplie…Fiscal Spending Jobs Multipliers: Evidence from the 2009 American Recovery and Reinvestment Act (2011)Fiscal Spending Jobs Multipli…The General Theory of Employment, Interest and Money. (1936)The General Theory of Employment (1937)Time to Build and Aggregate Fluctuations (1982)Income and Wealth Heterogeneity in the Macroeconomy (1998)An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area (2003)Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach (2007)"Rational" Expectations, the Optimal Monetary Instrument, and the Optimal Money Supply Rule (1975)Inflation and Costs of Price Adjustment (1977)Aggregate Dynamics and Staggered Contracts (1980)Behavioral Macroeconomics and Macroeconomic Behavior (2002)Employment Fluctuations with Equilibrium Wage Stickiness (2005)Unemployment Fluctuations with Staggered Nash Wage Bargaining (2009)Measuring Monetary Policy (1998)Measuring Business Cycles: Approximate Band-Pass Filters for Economic Time Series (1999)The Dynamic Effects of Personal and Corporate Income Tax Changes in the United States (2013)The Quarterly Journal of Economics (2024)Macroeconomics and Reality (1980)Discretion versus policy rules in practice (1993)Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy (2005)Macroeconomic Shocks and Their Propagation (2016)Government Spending Multipliers in Good Times and in Bad: Evidence from US Historical Data (2017)Measuring Geopolitical Risk (2022)Financing Constraints and Corporate Investment (1987)Financing Constraints and Corporate Investment (1988)Household Expenditure and the Income Tax Rebates of 2001 (2006)Growth Forecast Errors and Fiscal Multipliers (2013)Output Effects of Government Purchases (1981)Trends and random walks in macroeconmic time series (1982)Government Spending in a Simple Model of Endogeneous Growth (1990)The composition of public expenditure and economic growth (1996)Africa's Growth Tragedy: Policies and Ethnic Divisions (1997)New Indexes of Coincident and Leading Economic Indicators (1989)Impulse response analysis in nonlinear multivariate models (1996)Macroeconomic Effects From Government Purchases and Taxes * (2011)Fiscal Policy in a Depressed Economy (2012)The Investment Model Scale: Measuring commitment level, satisfaction level, quality of alternatives, and investment size (1998)The Moral Foundations of Trust (2005)A set-theoretic approach to organizational configurations (2007)The Science of Monetary Policy: A New Keynesian Perspective (1999)Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory* (2000)
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References

  • 1983Staggered prices in a utility-maximizing framework7,892 cited
  • 1989Is public expenditure productive?5,465 cited
  • 2005Estimation and Inference of Impulse Responses by Local Projections4,629 cited
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  • 2018The unpublished manuscript3,215 cited
  • 2002An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output2,924 cited
  • 1986Investment, Capacity Utilization and the Real Business Cycle2,127 cited
  • 2010The Macroeconomic Effects of Tax Changes: Estimates Based on a New Measure of Fiscal Shocks2,096 cited
  • 2012Measuring the Output Responses to Fiscal Policy1,915 cited
  • 1999An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output1,891 cited
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  • 2011Identifying Government Spending Shocks: It's all in the Timing*1,670 cited
  • 1990Fiscal Policy in General Equilibrium1,459 cited
  • 2010How Big (Small?) are Fiscal Multipliers?1,397 cited
  • 2009What are the effects of fiscal policy shocks?1,331 cited

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  • 1998Costly capital reallocation and the effects of government spending1,077 cited
  • Cited by

    • 2013Government Spending Multipliers in Developing Countries : Evidence from Lending by Official Creditors155 cited
    • 2020The Macroeconomic Consequences of Infrastructure Investment152 cited
    • 2018Infrastructure investments and entrepreneurial dynamism in the U.S.143 cited
    • 2011Fiscal Spending Jobs Multipliers: Evidence from the 2009 American Recovery and Reinvestment Act115 cited
    • 2020Can government demand stimulate private investment? Evidence from U.S. federal procurement69 cited
    • 2017From global savings glut to financing infrastructure60 cited
    • 2023The Missing Intercept: A Demand Equivalence Approach53 cited
    • 2017Government purchases reloaded: Informational insufficiency and heterogeneity in fiscal VARs48 cited
    • 2020Bias in Local Projections41 cited
    • 2017Understanding the Size of the Government Spending Multiplier: It's in the Sign34 cited
    • 2019The optimal composition of public spending in a deep recession29 cited
    • 2023Self-Harming Trade Policy? Protectionism and Production Networks27 cited
    • 2017Geographic Cross-Sectional Fiscal Spending Multipliers: What Have We Learned?23 cited
    • 2022Hysteresis and fiscal stimulus in a recession20 cited
    • 2021Government Spending News and Surprise Shocks: It's The Timing and Persistence16 cited