Government spending shocks and the multiplier: New evidence from the U.S. based on natural disasters [PDF]
The literature on estimating macroeconomic effects of fiscal policy requires suitable instruments to identify exogenous and unanticipated spending shocks. So far, the instrument of choice has been military build-ups.
Ghosh, Sugata +5 more
core +6 more sources
Macroeconomic effects of fiscal policy [PDF]
This thesis was submitted for the degree of Doctor of Philosophy and awarded by Brunel University.The interest in the use of fiscal policy as an effective economic policy tool has been revived recently, since the global recession of 2008 hit the world ...
Yang, Weonho
core +7 more sources
The electoral fiscal multiplier
The paper argues that in electoral times, a competent and opportunistic government switches from wasteful spending (e.g. pork-barrel) to non-wasteful spending.
Carmignani, Fabrizio
core +1 more source
The proportion of fiscal revenue in GDP and the multiplier of fiscal expenditure are important economic benefit indicators in the framework of a common index system for budget performance evaluation.
Jianhui Zhang
doaj +1 more source
Estimation of Government Spending Multiplier in EU Economies
The aim of this paper is to estimate government consumption multiplier and to examine the effect of various characteristics of countries on the size of fiscal multiplier. We apply a panel VAR model following Ilzetzki et al.
Senekovič Marko +2 more
doaj +1 more source
Mundell-Fleming Model: The Effectiveness of Indonesia’s Fiscal and Monetary Policies
This study examines the fiscal and monetary policy in Indonesia using the Mundell-Fleming model. The main objective of this study was to determine which policies are effective between fiscal and monetary policies of the national income in Indonesia ...
Nurjannah Rahayu K, Phany Ineke Putri
doaj +1 more source
An analysis of the effect of fiscal expenditure on the income distribution of Chilean households
This study analyzes the effect of government spending on income distribution in Chile for 2016 using a multiplier model with the Social Accounting Matrix. The results indicate that increasing fiscal expenditure has a regressive effect on the income share
Nicolas Garrido, Jeffrey Morales
doaj +1 more source
Le multiplicateur budgétaire endogène au cycle dans un modèle macroéconomique post-keynésien
This article proposes a synthesis and additional explanations to the concept of state-dependent fiscal multiplier. Recently, several studies have shown that this multiplier is endogenous to the level of economic activity, increasing during recessions and
Sébastien Charles
doaj +1 more source
Dundee Discussion Papers in Economics 104:Market structure and fiscal policy effectiveness [PDF]
In a monopolistic competition macromodel with endogenous market structure, the fiscal multiplier is shown to consist of two components. One component depicts the response of output to a fiscal expansion through the conventional channels that disregard ...
Molana, Hassan, Zhang, Junxi
core +1 more source
Estimating the Fiscal Multipliers in Iran\'s Economy: An Application for Structural Vector Autoregressive and Markov switching models [PDF]
With regard to the role of fiscal policy in reducing the financial crises, determining the magnitude of the fiscal policy multiplier after the 2007-2008 global crisis became one of the most challenging issues in the field of fiscal policy.
Hassan Khodavaisi +1 more
doaj

