measures emphasize that government spending can stimulate additional private spending the so-called Keynesian multiplier effect …, when stimulus is most needed, may even be negative. Traditional Keynesian multiplier effects only arise in a model that …

measures emphasize that government spending can stimulate additional private spending — the Keynesian multiplier effect. Thus …

calibration results show that consumption multipliers to be small and negative. However, the output multiplier is positive and …

area GDP. Since the EERP comprised both revenue and expenditurebased fiscal stimulus measures, the total multiplier is …

effect on total GDP. In this setup the spending multiplier shows large long-run effects, considerably stronger than those …

measures, the analysis of fiscal multiplier effects is back on the scientific agenda. The number of empirical studies is … regression analysis to a set of 89 studies on multiplier effects in order to provide a systematic overview of the different … type of fiscal impulse, model class, multiplier calculation method and further control variables. Moreover, we analyse …

the fiscal multiplier increases with the elasticity of matching to spending and is also negatively related with the steady … state spending to GDP ratio in the presence of diminishing marginal returns on spending. For large value of the multiplier …