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the generality of this result w.r.t. size and persistence of the shock, size of the government spending multiplier, and … spending on economic recovery. -- deficit spending ; government spending multiplier ; economic recovery ; economic ; growth. …
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tended to grow faster contemporaneously, with a multiplier of around 1.5 for permanent transfers and 1/3 for temporary …
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We estimate state-dependent government spending multipliers for the United States. We use a Factor-Augmented Interacted Vector Autoregression (FAIVAR) model. This allows us to capture the time-varying monetary policy characteristics including the recent zero interest rate lower bound (ZLB)...
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Konjunkturpakets. Nach Schätzung zweier Berater von Präsident Obama liegt der Multiplikator für den Output deutlich über 1 und …- proportionaler Multiplikator (1,03), in den Jahren 2010 und 2011 sinkt der Multiplikator auf 0,61 bzw. 0,44. Diese Schätzung geht … Multiplikator- wirkung, sondern beinhaltet vor allem die Frage wie das langfristige Wirtschaftswachstum beein- flusst wird. Ein …
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estimated stimulus is extremely small with GDP and employment effects only one-sixth as large. -- Fiscal Multiplier ; New …
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