countries with the mean level of economic freedom had a fiscal multiplier of around 1.0, when economic freedom is at the highest … level of the sample the multiplier is around 0.6. Results show the inverse relationship between the fiscal multiplier and … the level of economic freedom, that is, the higher the level of economic freedom, the lower the multiplier …

fiscal policy interventions caused by government purchases. We estimate the government spending multiplier to be above 1 …

This paper shows that the fiscal multiplier for purchases of durable and investment goods is very small - much smaller … than the multiplier for nondurable goods. Standard models predict small durables multipliers because private sector …

multiplier. It presents a New Open Economy Macroeconomics model which is extended with the formation of 'deep habits' by … producers to move their markups counter-cyclically and generates a positive fiscal multiplier of private consumption. The main … outcome is a mechanism elaborating that both openness to trade and exchange rate exibility limit the fiscal multiplier in …

ordering these consolidation strategies by multiplier size or their welfare consequences leads to very different rankings. With …

multiplier. To this end we contrast two different ways to implement the ZLB in a New Keynesian model: the ZLB modeled as an … multiplier are not only due to differences in the timing assumption of government spending but also driven by the choice of the … ZLB modeling. Ceteris paribus, the impact multiplier is higher if the ZLB is modeled appropriately as a constraint. …

multiplier; (ii) positive long-run output multipliers are obtained only if the generational turnover effect is dominated by the …

aggregate demand deficiency. We show that an increase in government purchases boosts GDP through a multiplier process, but the …

Fiscal spending multiplier calculations have been revived in the aftermath of the global financial crisis. Much of the … multiplier for EU members. Multipliers for specific spending categories are comparably high, ranging between 1.4 and 1.8 for many … react in an expansionary manner. -- Fiscal spending multiplier calculation ; Input-Output calculus ; incomeexpenditure model …

budget multiplier. Results show that in highly unequal economies the maximum net increase in output and expenditure comes …