cut capital expenditures, rather than decreasing current expenditures or raising taxes. The estimated multiplier is not …

161 countries from 2000 to 2019 results show, first, that the size of the fiscal multiplier is inversely related to the … level of freedom and, second, countries with the mean level of economic freedom of the sample (6.9) had a multiplier of … around 1. Developed countries are characterized by high levels of freedom and a fiscal multiplier lower than 1 while …

publication, of a role for the Keynesian investment multiplier in Marx's schemes of reproduction. Indirectly, Sardoni also …-Domar model of economic growth provides an interpretation of Marx's reproduction schemes that has the Keynesian multiplier as a …

In this paper, I show that the income-autonomous demand multiplier of Keynesian-Kaleckian models is endogenous to … certain conditions, an important consequence from the distribution-sensitive multiplier is that a higher wage share can have …-Kaleckian macroeconomic models. After a theoretical discussion on the implications of the distribution-sensitive multiplier in basic closed …

theory (Myers 1977). We also find that the effect of public investment on corporate investment is much weaker for firms that …

finance. With a low net worth, the Good competes with the Ugly, creating the credit multiplier effect; with a high net worth … ; credit multiplier effect ; credit reversal effect ; endogenous credit cycles ; nonlinear dynamics ; chaos ; flip and tangent …

’s parameters, we find that the size of the fiscal (unemployment) multiplier increases with i) highly sticky prices, ii) high …

the fiscal multiplier increases with the elasticity of matching to spending and is also negatively related with the steady … state spending to GDP ratio in the presence of diminishing marginal returns on spending. For large value of the multiplier …