Strulik, Holger; Trimborn, Timo - 2013 - First Version: February 2011, This Version: January 2013
Most of the discussion about fiscal stimulus focuses on the multiplier of government spending on impact. In this paper we shift the focus to the multiplier at the end, i.e. to the period in which a deficit spending program terminates. We show that recent time series analyses as well as economic...
