firms through intermediate goods deliver a multiplier similar to the one associated with capital accumulation in a … neoclassical growth model. Because the intermediate goods' share of revenue is about 1/2, this multiplier is substantial. Second …

investment multiplier is likely to be much higher than what has been assumed by the policy makers and much higher that the … consumption multiplier. This points out that the consolidation should be accompanied by increased public investment …We compare the government investment and government consumption multipliers in the advanced economies during the recent …

Using a unique money manager database that allows managers to identify their own investment styles, we examine 4 …