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 …

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

This paper shows that high-tech employment - broadly defined as all workers in high-tech sectors but also workers with … multiplier. The paper also shows how the presence of a local high-tech job multiplier results in convergence between Europe …'s regions. That is, employment in Europe's lagging regions is becoming more similar to Europe's high-tech hubs. However, our …