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through the economy.A systematic meta-regression analysis of 104 studies covering 1069 estimations of the fiscal multiplier … values of the fiscal multiplier with reference to several control factors and suggests a number of straightforward … increasing public debt, higher public investment should be financed via higher taxes. As the multiplier of public investment …
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find sizeable effects of VAT measures on consumption (esp. durables) with a multiplier larger than one on GDP and can match …
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This paper investigates the relationship between the magnitude of automatic stabilizers in the tax and transfer systems of 19 EU countries and the US, and discretionary fiscal stimulus packages passed by these countries during the recent economic crisis. In particular, we ask whether countries...
Persistent link: https://www.econbiz.de/10009687338
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The use of large fiscal stimulus packages to dampen the impact of Covid-19 recently has raised concerns about the effectiveness of the discretionary fiscal policy. This paper aims at analysing the feasibility of automatic fiscal stabilisers to mitigate economic fluctuations in the case of...
Persistent link: https://www.econbiz.de/10013174018