Amendola, Adalgiso; Di Serio, Mario; Fragetta, Matteo; … - 2019
Bayesian methods to compute government spending multipliers. The multipliers are contingent on the overall monetary policy …. However, as the time horizon increases, multipliers diverge across the two regimes. In the medium run (three years), the … difference between the two multipliers is distributed largely away from zero. More generally, the multiplier is inversely …