We estimate the employment effect of a large fiscal stimulus in Spain (PlanE), in which the national government … the multiplier falls in the lower range of previous work …

On the one hand, every official document about fiscal policy in Spain, and most orthodox academic papers argue that … Spain has no "fiscal space" and that it should apply resolute actions to assure budget consolidation. On the other hand …, Spain also had the second highest unemployment rate in the Eurozone in 2015: 21% of the active population. A rapid decline …

determining the autonomous expenditure multiplier (AEM) values, considering the investment accelerator action. The scientific …

caused by COVID-19. This study aims to assess the multiplier effects that budget revision has on the economy for the case of … appears that the budget restructuring that takes place during the year does not take into account the multiplier effect in the …

budget multiplier. Results show that in highly unequal economies the maximum net increase in output and expenditure comes …