government purchases multiplier. But equally crucial is the size of the government purchases multiplicand--the change in … government purchases of goods and services that the multiplier actually multiplies. Using new data from the Bureau of Economic … government purchases multiplier, changes in government purchases have had no material effect on the growth of GDP since the time …

We argue that the government-spending multiplier can be much larger than one when the zero lower bound on the nominal … larger is the value of the multiplier. After providing intuition for these results, we investigate the size of the multiplier … in a dynamic, stochastic, general equilibrium model. In this model the multiplier effect is substantially larger than one …

.8. Economic theory of how to map these multipliers into a national multiplier has also advanced. Drawing on the theoretical …A geographic cross-sectional fiscal spending multiplier measures the effect of an increase in spending in one region in … Reinvestment Act and a survey of empirical studies, my preferred point estimate for a cross-sectional output multiplier is 1 …

policy effectiveness, output persistence and multiplier effects …

multiplier where aggregate relationships will overstate individual elasticities. We present a brief model and then estimate the … size of the social multiplier in three areas: the impact of education on wages, the impact of demographics on crime and … group membership among Dartmouth roommates. In all three areas there appears to be a significant social multiplier …