Replication data for: Geographic Cross-Sectional Fiscal Spending Multipliers: What Have We Learned?

Principal Investigator(s): View help for Principal Investigator(s) Gabriel Chodorow-Reich

Name	File Type	Size	Last Modified
data			10/13/2019 05:43:AM
LICENSE.txt	text/plain	14.6 KB	10/13/2019 01:43:AM

Project Citation:

Chodorow-Reich, Gabriel. Replication data for: Geographic Cross-Sectional Fiscal Spending Multipliers: What Have We Learned? Nashville, TN: American Economic Association [publisher], 2019. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-13. https://doi.org/10.3886/E114700V1

Project Description

Summary: A geographic cross-sectional fiscal spending multiplier measures the effect of an increase in spending in one region of a monetary union. Empirical studies of such multipliers have proliferated. I review this research and what the evidence implies for national multipliers. Based on an updated analysis of the ARRA and a survey of empirical studies, my preferred point estimate for a cross-sectional multiplier is 1.8. The paper also discusses conditions under which the cross-sectional multiplier provides a rough lower bound for the national, no-monetary-policy-response multiplier. Putting these elements together, the cross-sectional evidence suggests a national no-monetary-policy-response multiplier of 1.7 or above.

Scope of Project

JEL Classification:
      E32 Business Fluctuations; Cycles
      E52 Monetary Policy
      E62 Fiscal Policy
      H54 National Government Expenditures and Related Policies: Infrastructures; Other Public Investment and Capital Stock
      H76 State and Local Government: Other Expenditure Categories
      R53 Public Facility Location Analysis; Public Investment and Capital Stock

Related Publications

Download this project

Published Versions

V1 [2019-10-13]

Export Metadata

Dublin Core

DDI 2.5

Report a Problem

Found a serious problem with the data, such as disclosure risk or copyrighted content? Let us know.

This material is distributed exactly as received from the data depositor. As of April 2026, depositors are required to submit study materials in accessible formats. ICPSR has not reviewed, checked, or processed this material. For additional information about the study, please contact the investigator(s) directly. If you have questions about the accessibility of materials distributed by ICPSR or require further assistance, please visit ICPSR's Accessibility Center.