References contributed by pcl99-19416
Abrams, B. A. (1999) The effect of government size on the unemployment rate, Public Choice, 99, 395–401.
Abrams, B. A. and Wang, S. (2006) The effect of government size on the steady-state unemployment rate: a structural error correction model, Working Paper No. 2006-05, Department of Economics, University of Delaware, Newark.
- Advisory Commission on Intergovernmental Relations (ACIR) (1977) Federal grants their effects on state-local expenditures, employment levels, wage rates, A-61, Washington, DC.
Paper not yet in RePEc: Add citation now
Aizenman, J. and Pasrichas, G. K. (2010) On the ease of overstating the fiscal stimulus in the US, 2008-9, NBER Working Paper No. 15784.
- Bairam, E. (1991) Government expenditure, money supply and unemployment in the USA: an analysis of the pre-war and post-war functional forms, Applied Economics, 23, 1483–6.
Paper not yet in RePEc: Add citation now
Bania, N., Gray, J. A. and Stone, J. A. (2007) Growth, taxes, and government expenditures: growth hills for US states, National Tax Journal, 60, 193–204.
Barro, R. J. (1990) Government spending in a simple model of endogenous growth, Journal of Political Economy, 98, S103–25.
- Baumol, W. J. (1967) The macroeconomics of unbalanced growth: the anatomy of urban crisis, American Economic Review, 57, 415–26.
Paper not yet in RePEc: Add citation now
- Boyd, D. J. and Dadayan, L. (2010) State and local government employment are down since the start of the recession, Data Alert (August), The Nelson A. Rockefeller Institute of Government.
Paper not yet in RePEc: Add citation now
Breitung, J. (2005) A parametric approach to the estimation of cointegrating vectors in panel data, Econometric Reviews, 24, 151–73.
Canning, D. and Pedroni, P. (2008) Infrastructure, long-run economic growth and causality tests for cointegrated panels, The Manchester School, 75, 504–27.
Chodorow-Reich, G., Feiveson, L., Liscow, Z. and Woolston, W. G. (2010) Does state fiscal relief during recessions increase employment? Evidence from the American Recovery and Reinvestment Act, Working Paper, The University of California, Berkeley.
Christiano, L., Eichenbaum, M. and Rebelo, S. (2009) When is the government spending multiplier large?, NBER Working Paper No. 15394.
Clemens, J. and Miran, S. (2010) The effects of state budget cuts on employment and income, Working Paper, Harvard University.
Dalenberg, D. R., Partridge, M. D. and Rickman, D. S. (1998) Public infrastructure: pork or jobs creator?, Public Finance Review, 26, 24–52.
Dhont, T. and Heylen, F. (2008) Why do Europeans work (much) less? It is taxes and government spending, Economic Inquiry, 46, 197–207.
Engle, R. F. and Granger, C. W. J. (1987) Co-integration and error correction: representation, estimation, and testing, Econometrica, 55, 251–76.
- Ferrara, P. (2009) The Keynesians were wrong again, The Wall Street Journal (Eastern Edition), 11 September 2009, p. A17.
Paper not yet in RePEc: Add citation now
- Feyrer, J. and Sacerdote, B. (2010) Did the stimulus stimulate? Real time estimates of the effects of the American Readjustment and Recovery Act, Working Paper, Dartmouth College.
Paper not yet in RePEc: Add citation now
Gatti, D. (2009) Public spending, market imperfections, and unemployment, Eastern Economic Journal, 35, 452–61.
Granger, C. W. J. and Newbold, P. (1974) Spurious regressions in econometrics, Journal of Econometrics, 2, 111–20.
- Guis, M. (2006) Impact of government spending on employment and output at the state level, The Journal of Business and Economic Studies, 12, 27–32.
Paper not yet in RePEc: Add citation now
Hebous, S. (2011) The effects of discretionary fiscal policy on macroeconomic aggregates: a reappraisal, Journal of Economic Surveys, 25, 674–707.
Hurlin, C. (2008) Testing for Granger non causality in heterogeneous panels, Working Papers, University of Orleans. Available at http://halshs.archives-ouvertes.fr/docs/00/22/44/34/PDF/Causality_WP.pdf (accessed 8 May 2012).
Im, K. S., Lee, J. and Tieslau, M. (2005) Panel LM unit roots tests with level shifts, Oxford Bulletin of Economics and Statistics, 67, 393–419.
Johansen, S. (1991) Estimation and hypothesis testing of cointegration vectors in Gaussian vector autoregressive models, Econometrica, 59, 1551–80.
Karras, G. (1993) Employment and output effects of government spending: is government size important?, Economic Inquiry, 31, 354–69.
- Krugman, P. (2009) Too little of a good thing, The New York Times, 1 November 2009.
Paper not yet in RePEc: Add citation now
- Lynch, R. G. (2004) Rethinking Growth Strategies: How State and Local Taxes and Services Affect Economic Development, Economic Policy Institute, Washington, DC.
Paper not yet in RePEc: Add citation now
Maddala, G. S. and Wu, S. (1999) A comparative study of unit root tests with panel data and a new simple test, Oxford Bulletin of Economics and Statistics, 61, 631–52.
- Monacelli, T. and Perotti, R. (2009) Fiscal policy, wealth effects, and markups, NBER Working Papers No. 14584, National Bureau of Economic Research.
Paper not yet in RePEc: Add citation now
Pappa, E. (2009) The effects of fiscal shocks on employment and real wages, International Economic Review, 50, 217–44.
- Partridge, M. D. and Rickman, D. S. (1995) Differences in state unemployment rates: the role of labor and product market structural shifts, Southern Economic Journal, 62, 89–196.
Paper not yet in RePEc: Add citation now
Partridge, M. D. and Rickman, D. S. (1997) The dispersion of US state unemployment rates: the role of market and non-market equilibrium factors, Regional Studies, 31, 593–606.
Pedroni, P. (1999) Critical values for cointegrating tests in heterogeneous panels with multiple regressors, Oxford Bulletin of Economics and Statistics, 61, 653–70.
Pedroni, P. (2001) Purchasing power parity in cointegrated panels, The Review of Economics and Statistics, 83, 727–31.
Pedroni, P. (2004) Panel cointegration; asymptotic and finite sample properties of pooled time series tests with an application to the PPP hypothesis, Econometric Theory, 20, 597–625.
Pesaran, M. H. (2007) A simple panel unit root test in the presence of cross-section dependence, Journal of Applied Econometrics, 22, 265–317.
- Phelps, E. S. (1994) Structural Slumps: The Modern Equilibrium Theory of Unemployment, Interest, and Assets, Harvard University Press, Cambridge, MA.
Paper not yet in RePEc: Add citation now
Phelps, E. S. (1999) Behind the structural boom: the role of asset valuations, The American Economic Review, 89, 63–8.
Rebelo, S. (2005) Real business cycle models: past, present and future, Scandinavian Journal of Economics, 107, 217–38.
- Riedel, B. M. (2008) Why government spending does not stimulate economic growth, Backgrounder, The Heritage Foundation, No. 2208, 12 November 2008.
Paper not yet in RePEc: Add citation now
- Stone, C. (2009) Relief for States and Struggling Families Provides Substantial Boost to Employment, Special Series: Economic Recovery Watch, Center on Budget and Public Priorities, Washington, DC.
Paper not yet in RePEc: Add citation now
Volden, C. (1999) Asymmetric effects of intergovernmental grants: analysis and implications for welfare policy, Publius: The Journal of Federalism, 29, 51–73.
Wilson, D. (2011) Fiscal spending multipliers: evidence from the 2009 American Recovery and Reinvestment Act, Federal Reserve Bank of San Francisco Working Paper No. 2010-17.
Zoega, G. (1997) Public consumption and unemployment, Scottish Journal of Political Economy, 44, 269–79.