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News of defence spending changes the economic behaviour of people and firms

Zeev, Nadav Ben (2017) News of defence spending changes the economic behaviour of people and firms. LSE Business Review (03 Oct 2017). Website.

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Abstract

Announced changes in US public spending on defence have a significant impact on the economic behaviour of firms and households. In particular, anticipated increases in defence spending induce a significant and persistent increase in output, hours worked, the interest rate and inflation, as well as significant impact responses for consumption and investment.

Item Type: Online resource (Website)
Official URL: http://blogs.lse.ac.uk/businessreview/
Additional Information: © 2017 The Author(s); Online
Divisions: LSE
Subjects: J Political Science > JK Political institutions (United States)
U Military Science > U Military Science (General)
Sets: Collections > LSE Business Review Blog
Date Deposited: 14 Nov 2017 11:15
Last Modified: 10 Jul 2020 23:16
URI: http://eprints.lse.ac.uk/id/eprint/85518

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