We assess the role that nontradable goods play as a determinant of fiscal spending multipliers, making use of a two …-sector model. While fiscal multipliers increase with the share of nontradable goods, an inverted U-shaped relationship exists … between multiplier size and the import share. Employing an interacted panel VAR model for EU countries, we estimate the effect …

sector employment to estimate the local employment multiplier. We find that the introduction of one public sector employment … neighborhoods; this effect is also localized. Lastly, by estimating the local employment multiplier for each relocation site, we … document the heterogeneity of the local employment multiplier and provide suggestive evidence that this het-erogeneity is …

, the expenditure associated with military build-ups affects primarily the defense sector so that the resulting multiplier … powerful instrument for identifying government spending shocks. Furthermore, we show that the multiplier pertaining to non …-defense government spending is higher than the defense-spending multiplier estimated in the literature using military build …

We estimate the fiscal multiplier associated with shocks to government spending. We consider increases in government … is reflected in the value taken by the fiscal multiplier. This result is obtained when we identify fiscal shocks by the …

multiplier; (ii) positive long-run output multipliers are obtained only if the generational turnover effect is dominated by the …