• Published 2015

Louis Working Paper Series Local Fiscal Multipliers , Negative Spillovers and the Macroeconomy Bill Dupor Working

@inproceedings{Dupor2015LouisWP,
  title={Louis Working Paper Series Local Fiscal Multipliers , Negative Spillovers and the Macroeconomy Bill Dupor Working},
  author={Bill Dupor},
  year={2015}
}
This paper analyzes the impact of within-state military spending and national military spending on a state’s employment. I estimate that, while within-state spending increases that state’s employment (i.e., a positive local effect), an increase in national military spending ceteris paribus decreases employment in the state (i.e., a negative spillover effect). The combined local and spillover effects imply an aggregate employment effect that is close to zero. The estimates are consistent with a… CONTINUE READING

Figures and Tables from this paper.

References

Publications referenced by this paper.