Capet, Stéphane (contributor) - 2004 - [Elektronische Ressource]
multipliers can arise if expectations
are rational, consumers fully aware of the government intertemporal budget constraint and
if … short term negative fiscal multipliers. However, during
the second half of the nineties, the extent of fiscal multipliers … has been studied through the assessment of multipliers
associated with discretionary measures and through the smoothing …