H57 - Procurement

• Breaking Down the US Employment Multiplier Using Micro­-Level Data

  Staff working paper 2025-8 Edoardo Briganti, Holt Dwyer, Ricardo Duque Gabriel, Victor Sellemi

  Using newly matched data on US defense contracts and restricted administrative employment data, we show that the employment effects of defense procurement are costly, concentrated and slow to diffuse.

  Content Type(s): Staff research, Staff working papers JEL Code(s): E, E6, E62, H, H5, H57, J, J2, J21 Research Theme(s): Monetary policy, Real economy and forecasting, Structural challenges, Demographics and labour supply