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das Investitionsprogramm keine Rede sein. Im Gegenteil: Schon in der Grundversion des Modells ginge es künftigen … Generationen mit dem kreditfinanzierten Investitionsprogramm wirtschaftlich besser als ohne, weil das Bruttoinlandsprodukt (BIP … Gegenwart und die Argumente für ein solches Investitionsprogramm sind noch einmal stärker. Das Investitionsprogramm führt zu …
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Over the last decade, empirical studies analyzing macroeconomic conditions that may affect the size of government spending multipliers have flourished. Yet, in spite of their obvious public policy importance, little is known about public investment multipliers. In particular, the clear...
Persistent link: https://www.econbiz.de/10012155114
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This paper quantitatively assesses the macroeconomic effects of the recently agreed U.S. bipartisan infrastructure spending bill in a neoclassical growth model. We add to the literature by considering a more detailed tax structure, different types of infrastructure spending and linkages between...
Persistent link: https://www.econbiz.de/10012801569
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Considering the recently revived debate on the role and effectiveness of public infrastructure investment, this paper seeks to cover a gap in the empirical literature. In particular, we aim to tackle the lack of analysis of fiscal multipliers for large public infrastructure projects in Italy at...
Persistent link: https://www.econbiz.de/10014357980
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, it is shown, which measures should be used to improve the system characteristics. The results of the simulation reveal …
Persistent link: https://www.econbiz.de/10012427407
EZB und der Europäischen Kommission. Der kumulative Multiplikator beträgt 0.7 bzw. 1.0 in der Basislinie, steigt aber auf …
Persistent link: https://www.econbiz.de/10011311671