Citation

Discussion Paper Details

Please find the details for DP2259 in an easy to copy and paste format below:

Full Details   |   Bibliographic Reference

Full Details

Title: Government Size and Automatic Stabilizers: International and Intranational Evidence

Author(s): Antonio Fatás and Ilian Mihov

Publication Date: October 1999

Keyword(s): Automatic Stabilizers, Business Cycles, Fiscal Policy and Intranational Economics

Programme Area(s): International Macroeconomics

Abstract: This paper studies the role of automatic stabilizers using a sample of OECD countries and US states. We find that there is a strong and robust negative correlation between measures of government size and the volatility of output. This correlation is robust to the inclusion of a large set of controls as well as to alternative methods of detrending and estimation. The economic significance of this relationship is larger for the US states.

For full details and related downloads, please visit: https://cepr.org/active/publications/discussion_papers/dp.php?dpno=2259

Bibliographic Reference

Fatás, A and Mihov, I. 1999. 'Government Size and Automatic Stabilizers: International and Intranational Evidence'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=2259