Why is it so difficult to estimate the effect of Government spending on the economy and how

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Why is it so difficult to estimate the effect of Government spending on the economy and how have economists addressed the problems?

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Macroeconomics Principles And Policy

ISBN: 9780324586213

11th Edition

Authors: William J. Baumol, Alan S. Blinder

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Posted Date: Mar 03, 2024 04:06 AM

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Why is it so difficult to estimate the effect of Government spending on the economy and how

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Estimating the effect of government spending on the economy is difficult due to several factors 1 Endogeneity Government spending is not random It is ... View the full answer

Macroeconomics Principles And Policy

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