-called r-g. Whether the fiscal shock occurs when r-g is positive or negativematters for the size of the multiplier. Median … multiplier is inversely correlated with r-g. The calculationsare based on the estimates of a factor-augmented interacted panel …

We estimate the average fiscal multiplier, allowing multipliers to be heterogeneous across countries or over time and … conventional multiplier estimates. We rely on both crosssectional and time-series variation in spending shocks, exploiting the … differential effects of oil price shocks on fuel subsidies, to identify the average government spending multiplier. Our estimates …

government spending shocks, using Bayesian techniques for US data. I find the multiplier for government spending to be 1.12, and …

in the previous literature based on U.S. data - we find that the pooled government spending multiplier is small: below 0 ….2. This estimate, however, masks substantial heterogeneity: the debtfinanced spending multiplier is larger and can be well … above 1 if monetary policy is accommodative. The multiplier is especially large in recessions and when the government …

We investigate the size of the multiplier at the ZLB in a New keynesian model. It ranges from around -0.25 to +1 …

spending multiplier by estimating and simulating a New Keynesian dynamic stochastic general equilibrium model of the Japanese … multiplier, fiscal stimulus plans should be announced alongside financing schemes …

This paper examines issues related to the estimation of the government spending multiplier (GSM) in a Dynamic …