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This paper provides new evidence of the macroeconomic effects of public investment in advanced economies. Using public investment forecast errors to identify th

This paper provides new empirical evidence of the macroeconomic effects of public investment in developing economies. Using public investment forecast errors to

We reconsider the macroeconomic implications of public investment efficiency, defined as the ratio between the actual increment to public capital and the amount

"Policy-makers often call for expanding public spending on infrastructure, which includes a broad range of investments from roads and bridges to digital network