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UK defence news, 1920-1938 : estimates based on contemporary sources
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Crafts, N. F. R. (2012) UK defence news, 1920-1938 : estimates based on contemporary sources. Working Paper. Coventry, UK: Department of Economics, University of Warwick. CAGE Online Working Paper Series, Volume 2012 (Number 104).
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Text (Working paper)
WRAP_104.2012_crafts.pdf - Published Version Download (1428Kb) | Preview |
Official URL: http://www2.warwick.ac.uk/fac/soc/economics/resear...
Abstract
This paper employs the concept of ‘defence news’ proposed by Ramey (2009) to develop a time
series of shocks to UK defence spending in the interwar period at a quarterly frequency. ‘Defence
news’ is the present value of changes to defence spending plans. Information on this is taken from
contemporary sources, in particular, The Economist. The estimates in this paper can be used as an
input to assessing the size of the fiscal multiplier in interwar Britain as in Crafts and Mills (2012).
Item Type: | Working or Discussion Paper (Working Paper) | ||||
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Subjects: | D History General and Old World > DA Great Britain H Social Sciences > HC Economic History and Conditions |
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Divisions: | Faculty of Social Sciences > Economics | ||||
Library of Congress Subject Headings (LCSH): | Great Britain -- Defenses, Defense industries -- Great Britain, Great Britain -- Economic conditions -- 20th century | ||||
Series Name: | CAGE Online Working Paper Series | ||||
Publisher: | Department of Economics, University of Warwick | ||||
Place of Publication: | Coventry, UK | ||||
Official Date: | October 2012 | ||||
Dates: |
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Volume: | Volume 2012 | ||||
Number: | Number 104 | ||||
Number of Pages: | 17 | ||||
Status: | Not Peer Reviewed | ||||
Publication Status: | Published | ||||
Access rights to Published version: | Open Access (Creative Commons) | ||||
Date of first compliant deposit: | 1 August 2016 | ||||
Date of first compliant Open Access: | 1 August 2016 |
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