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Learning about fiscal multipliers during the European sovereign debt crisis : evidence from a quasi-natural experiment

Gόrnicka, Lucyna; Kamps, Christophe; Koester, Gerrit; … - 2018

Identifying fiscal multipliers is usually constrained by the absence of a counterfactual scenario. Our new data set allows overcoming this problem by making use of the fact that recommendations under the EU's excessive deficit procedure (EDP) provide both a baseline no-policy-change scenario and...

Persistent link: https://www.econbiz.de/10011856496

The multiplier effects of the tourism industry : validating the hypothesis of tourism-led employment growth in India

Bala, Madhu; Kulshrestha, Manisha - In: The Indian journal of labour economics : a quarterly … 56 (2013) 2, pp. 295-308

Persistent link: https://www.econbiz.de/10010247625

Final demand, growth and employment : the relevance of demand-side factor in explaining recent employment and growth trends in USA and Europe

Piacentini, Paolo Mario - 2001

Persistent link: https://www.econbiz.de/10001607036

Growth and employment : productivity gains versus demand constraints

Piacentini, Paolo; Pini, Paolo - In: The employment impact of innovation : evidence and …, (pp. 44-76). 2000

Persistent link: https://www.econbiz.de/10001544808

Employment Growth in Europe : The Roles of Innovation, Local Job Multipliers and Institutions

Goos, Maarten; Konings, Jozef; Vandeweyer, Marieke - 2015

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 …

Persistent link: https://www.econbiz.de/10014132772

Government spending in a growing economy : fiscal policy and growth cycles

Moudud, Jamee K. - 1999

Based on neoclassical theory, cutting budget deficits has come to be seen as a principal way to increase long-run growth, but the empirical evidence is ambiguous on the outcome of this macropolicy. A new model, the classical growth cycles (CGC) model, offers an alternative theoretical framework...