economic activity, the government spending multiplier is positive and significant: an additional 1 USD of spending leads to an … positive expenditure multiplier imply that fiscal policy in South Asia amplifies boom-and-bust cycles …

-added tax, special consumption tax, personal income tax, real government spending, and transfer payments), and then we estimate … multiplier ranges from -0.83 to -0.27 for taxes, and from 0.02 to 0.98 for government spending respectively. Overall, these …

private consumption and investment. Corsetti, Meier and Mueller (2009a,b) argue that spending shocks are typically followed by …. -- Fiscal Multiplier ; Fiscal Stimulus ; Discretionary Fiscal Policy ; New Keynesian Model ; Crowding-out ; Government Spending …