output in Italy. The fiscal multiplier, which is maximized at the one year horizon, follows a U-shape over the sample …

tend to have positive effects on output in Italy. The fiscal multiplier, which is maximized at the one year horizon …

accounts. We estimate the local fiscal multiplier on output to be 1.7 at the regional level. The regional fiscal multiplier … and small in size. We decompose the regional fiscal multiplier on output into multipliers on expenditure components. The … regional fiscal multiplier on absorption exceeds 2.0 because of the crowding-in effect on consumption and investment. Moreover …

This paper empirically studies the U.S. multiplier effects of government investment, government consumption and total … with a shadow interest rate. The government spending multiplier is approximately 0.5 …

The aim of this paper is to estimate government consumption multiplier and to examine the effect of various … characteristics of countries on the size of fiscal multiplier. We apply a panel VAR model following Ilzetzki et al. (2013) for a … multiplier is larger than unity. Second, the size of fiscal multiplier is larger in the cases of lower public indebtedness, for …

inflation from its trend, implying that the more demand-driven a recession, the higher the multiplier. Median multipliers range …