The Substitutability of Private and Public Spending in the United States

美国私人和公共支出的可替代性

• 批准号: 9109730
• 负责人: Michael Kuehlwein
• 金额: $ 2.13万
• 依托单位: Pomona College
• 依托单位国家: 美国
• 项目类别: Standard Grant
• 财政年份: 1991
• 资助国家: 美国
• 起止时间: 1991-08-01 至 1993-01-31
• 项目状态: 已结题
• 来源: https://www.nsf.gov/awardsearch/showAward?AWD_ID=9109730&HistoricalAwards=false
• 关键词: Substitutability; Private; Public; Spending; United

This project is supported under the Research in Undergraduate Institutions Program. The purpose of this research is to analyze the substitutability of public and private spending in the United States. This is a very important issue because the degree of substitutability has major implications for macroeconomic policy. If consumers view public outlays as close substitutes for their own personal expenditures, then increases in government spending could result in commensurate decreases in private spending, nullifying the expansionary impact of the fiscal policy. The project will examine this issue at the disaggregated level. Statistical analyses looking for significant correlations between the different components of government and consumer expenditures will be undertaken. This will help to determine what underlies the aggregate relationship between public and private spending. The plausibility of the correlations at the disaggregated level should help determine whether any relationship that exists at the aggregate level is reasonable or is the result of spurious correlation.

该项目得到了本科生研究项目的支持。 机构方案。 本研究的目的是分析 美国公共和私人支出的可替代性 States. 这是一个非常重要的问题，因为 可替代性对宏观经济政策具有重大影响。 如果消费者将公共支出视为自己支出的近似替代品， 个人支出，那么政府支出的增加可以 导致私人支出相应减少， 财政政策的扩张性影响。 该项目将对这一问题进行分类审查。 统计分析寻找显著的相关性之间 政府和消费者支出的不同组成部分 将进行。 这将有助于确定 公共和私人支出之间的总体关系。 分类一级相关性的可解释性 应该有助于确定是否存在任何关系，在 总水平是合理的，或者是虚假的结果 相关性