Acevedo, Rafael A.; Lorca-Susino, María; Mora, Jose U. - In: Journal of government and economics : JGE 13 (2024), pp. 1-8
We investigate the causal effect of government spending on real output conditional on economic freedom. Using data for 161 countries from 2000 to 2019 results show, first, that the size of the fiscal multiplier is inversely related to the level of freedom and, second, countries with the mean...