Demand Stimulus as Social Policy.

We exploit a panel of city-level data with rich demographic information to estimate the distributional effects of Department of Defense spending and its effects on a range of social outcomes. The income and employment generated by defence spending accrue predominantly to households without a bachelo...

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Bibliographic Details
Published in:Review of Economic Studies Vol. 93; no. 4; pp. 2313 - 2348
Main Authors: Auerbach, Alan J, Gorodnichenko, Yuriy, Murphy, Daniel
Format: Article
Published: Oxford University Press / USA Jul2026
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Online Access:View this record in EBSCOhost