The data allows for the comparison of federal versus state and local government spending over time on various spending items. This is achieved by categorizing and aggregating expenditures for over 1,500 federal programs and combining data on state and local government spending. The key challenge in...
Comprehensive and meticulously documented facts about government spending. Learn about federal, state, and local government outlays, including their functions, trends, and more.
Public spending enables governments to produce goods and services or purchase goods and services that are needed to fulfill the government’s social andeconomic objectives. Over the years, we’ve seen significant changes in the role and size of governments around the world. Public spending increased...
Here’s a chart, based on IMF data, showing the total budgetary burden of government over the past 45 years. There are three things to note in this chart. A spending freeze in the last 1980s which is analyzed here. An enormous spike for bailout spending about 15 years ago. Otherwise,...
(2015). They show that uncertainty about fiscal policy, measured by time-varying volatility, hurts economic activity through the lens of the estimated DSGE model. The precautionary saving motive mainly Concluding remarks This study investigates the adverse effects of government spending policy uncertainty...
An increase in government spending will have a positive multiplier effect on investment and employment, and an increase in social spending will result in a rise in national welfare. Over time, these two viewpoints were combined into a third one that considers both the positive and negative ...
Government spending and revenues in Sweden 1722–2011: evidence from hidden cointegration Hidden cointegrationFiscal policyAsymmetryThis study examines the long-run causal relationship between government revenues and spending of the Swedish economy over... M Irandoust - 《Empirica》 被引量: 0发表: 2018...
In contrast, the benefits of government spending have been mainly documented for durable public goods that can be accumulated over time.1 This fact is ignored in recent studies because introducing public capital (an additional state variable) significantly complicates the characterization of the optimal...
The authors identify a particular feature of Africa: over time and around the world, coups have been going out of fashion except in Africa. Furthermore, African governments respond to a high level of coup risk by increasing military spending, while military expenditure elsewhere in the world ...
Michael Bennet delayed the Senate’s consideration of the short-term spending bill over concerns about the funding. “In the coming weeks, we expect the Senate will work to ensure the U.S. government continues to provide critical and sustained security and economic support for Ukraine,” it ...