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. Für Deutschland lässt sich die Größe der Multiplikatorwirkung anhand von Daten der letzten 40 Jahre zu Staatsausgaben und …
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Investigation of the fiscal policy effects generates comprehensive dispute given the scientific importance of understanding the mechanisms by which governments interventions operate and interact throughout the economy. In addition, should not be overlooked that the effects of fiscal policies are...
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The 2008-09 global economic crises have shown that no country is immune to external challenges. When policy controls are missing or not used efficiently, crises can reverse progress even in advanced economies. This unexpected outcome has increased concerns about the ability of governments in...
Persistent link: https://www.econbiz.de/10010829327
I develop a New Keynesian model in which a type of government multiplier doubles when unemployment rises from 5 percent … to 8 percent. This multiplier indicates the additional number of workers employed when one worker is hired in the public …
Persistent link: https://www.econbiz.de/10010745284
This paper proposes a dynamic stochastic general equilibrium model in which the government-consumption multiplier …
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