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Building Back Better : How Big are Green Spending Multipliers?

Batini, Nicoletta; di Serio, Mario; Fragetta, Matteo; … - 2022

This paper provides estimates of output multipliers for spending in clean energy and biodiversity conservation, as well as for spending on non-ecofriendly energy and land use activities. Using a new international dataset, we find that every dollar spent on key carbon-neutral or carbon-sink...

Persistent link: https://www.econbiz.de/10013305683

Heterogeneous Spending, Heterogeneous Multipliers

Muratori, Umberto; Juarros, Pedro; Valderrama, Daniel - 2023

Do local fiscal multipliers depend on what the government purchases? We find that government purchases of services have larger effects on employment than spending on goods. Industries producing services are more labor-intensive than industries producing goods. This heterogeneity in labor...

Persistent link: https://www.econbiz.de/10014354592

Government Spending Multipliers : Is there a Difference Between Government Consumption and Investment Purchases?

Haug, Alfred A.; Sznajderska, Anna - 2023

This paper empirically studies the U.S. multiplier effects of government investment, government consumption and total … with a shadow interest rate. The government spending multiplier is approximately 0.5 …

Persistent link: https://www.econbiz.de/10014358599

Medium-Term Fiscal Multipliers During Protracted Recessions

Dell'Erba, Salvatore - 2015

The paper examines the consequences of fiscal consolidation in times of persistently low growth and high unemployment by estimating medium-term fiscal multipliers during protracted recessions (PR) in a sample of 17 OECD countries. Based on Jorda's (2005) local projection methodology, we find...

Persistent link: https://www.econbiz.de/10013031164

Public spending, green growth, and corruption : a local fiscal multiplier analysis for Italian provinces

Ficarra, Matteo - 2024

overall and non-green multipliers are driven by southern provinces, while the green multiplier is driven by the rest of the … country, despite the contemporaneous green multiplier being equal to 1.43 in the south. I link the heterogeneity to governance … characteristics: higher government effectiveness and institutional quality decrease the overall and non-green multiplier, while they …

Persistent link: https://www.econbiz.de/10014634134

Government spending under non-separability : a theoretical analysis

Marattin, Luigi; Palestini, Arsen - 2010

In this paper we derive analytic implicit form conditions for the qualitative analysis of government spending multipliers and the optimal level of government spending in presence of non-separability between private and public components of aggregate demand. Using the simplest neo-classical...

Persistent link: https://www.econbiz.de/10011737827

Do public investments increase employment in a recession? : evidence from Germany ; conference paper

Buchheim, Lukas; Watzinger, Martin - 2013

In 2009, Germany invested 15.4 Billion Euro in infrastructure to avert the looming recession. In this study, we evaluate whether the German stimulus program was successful in limiting the impact of the crisis on the job market. We exploit exogenous cross-sectional variation to identify the...

Persistent link: https://www.econbiz.de/10010341046

Partisanship and fiscal policy in Federal Unions : evidence from US states

Carlino, Gerald A.; Drautzburg, Thorsten; Inman, Robert P. - 2020

partisan differences to the less-polarized pre-Reagan era would increase the transfer multiplier by about 30 cents per dollar …, and variation in governor's partisan composition similarly lead to variation in the multiplier of around to 20 cents …

Persistent link: https://www.econbiz.de/10012419407

Finanzpolitik bei nachfrage- und angebotsseitigen Engpässen, dargestellt im Input-Output-Modell

Schweisfurth, Thomas - 1986

Persistent link: https://www.econbiz.de/10000723690

Tourism multipliers revisited

Liu, Juanita C.; Quayson, Jojo; Var, Turgut - 1982

Persistent link: https://www.econbiz.de/10000762112