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  3. American Economic Journal: Macroeconomics
  4. MAC January 2025
  5. State-Dependent Government Spending Multipliers: Downward Nominal Wage Rigidity and Sources of Business Cycle Fluctuations
  6. Full Text

American Economic Journal:
Macroeconomics

ISSN 1945-7707 (Print) | ISSN 1945-7715 (Online)

Article Full-Text Access

Jo, Yoon Joo and Sarah Zubairy. 2025. "State-Dependent Government Spending Multipliers: Downward Nominal Wage Rigidity and Sources of Business Cycle Fluctuations." American Economic Journal: Macroeconomics, 17 (1): 379–413.
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