transfers to the Visegrád countries is estimated at least at 0.12%, thus partly offsetting the net contributions paid by Austria … to the EU budget (which stood at 0.31% of Austria's GNI in 2019). Given strong cross-border spillovers of fiscal policy … measures and historically low interest rates, the governments of the Visegrád countries and Austria (and Germany) should be …

.6 pp in Czechia and 1.4 pp in Slovakia over the next five years. For Austria, the effect will be less pronounced (0.3 pp …, numerous policy implications for Austria arise. These include the encouragement of cross-border cooperation on projects …

transfers to the Visegrád countries is estimated at least at 0.12%, thus partly offsetting the net contributions paid by Austria … to the EU budget (which stood at 0.31% of Austria's GNI in 2019). Given strong cross-border spillovers of fiscal policy … measures and historically low interest rates, the governments of the Visegrád countries and Austria (and Germany) should be …

policy on the aggregate action, and it would like to know the corresponding economic multiplier, that is, the change in the … positive shock, the change in the aggregate action and the corresponding economic multiplier can both widely differ. In this …

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 …

the generality of this result w.r.t. size and persistence of the shock, size of the government spending multiplier, and … spending on economic recovery. -- deficit spending ; government spending multiplier ; economic recovery ; economic ; growth. …

Most of the discussion about fiscal stimulus focuses on the multiplier of government spending on impact. In this paper … we shift the focus to the multiplier at the end, i.e. to the period in which a deficit spending program terminates. We … multiplier turns negative before spending expires. This means that aggregate output at the time of expiry of fiscal stimulus is …

The output multiplier turns negative before a deficit spending program expires. We show the generality of this … impact multiplier, and the scale and duration of the stimulus program. We also show that results are quantitatively very … stimulus expires. -- Fiscal stimulus ; government spending ; output multiplier ; economic recovery …

, 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 …

The output multiplier turns negative before a deficit spending program expires. We show the generality of this … impact multiplier, and the scale and duration of the stimulus program. We also show that results are quantitatively very …