, aggregate demand in the private sector, private consumption and private investment. The research is carried out using quarterly ….3 percent and private investment by 1.3 percent. In terms of level, an increment of 1 shekel in public consumption will increase … aggregate demand in the private sector by 1.3 percent, private consumption by 0.6 percent and private investment by 2 percent …

We empirically assess whether a usually expected negative response of private consumption and private investment to a … there is a fiscal consolidation; iii) there is a crowding-in effect for private investment, from fiscal contractions …