government spending multiplier of 1.3 on impact in our preferred specification. Denmark's fixed exchange rate implies that the …. While the multiplier was below 1 in the 1970's and 1980's, it has been above 1 in the 1990's and the 2000's, when Denmark …We study the empirical effects of fiscal policy in Denmark since the adoption of a fixed exchange rate policy in 1982 …

between multiplier size and the import share. Employing an interacted panel VAR model for EU countries, we estimate the effect …

between multiplier size and the import share. Employing an interacted panel VAR model for EU countries, we estimate the effect …

linear benchmark SVAR, the analysis finds that hiking spending yields a short-term fiscal multiplier of around 0.70, while … the fiscal multiplier resulting from an increase in taxes and social security contributions is -0.66. In addition, the …

The existing literature on fiscal policy has mainly employed linear models that found a small fiscal multiplier in …, linear models are not capable of distinguishing the size of the fiscal multiplier in different phases of economic cycles …. Responding to some recent studies that confirm regime dependency of a fiscal multiplier, our model enriches the literature of …

linear benchmark SVAR, the analysis finds that hiking spending yields a short-term fiscal multiplier of around 0.70, while … the fiscal multiplier resulting from an increase in taxes and social security contributions is -0.66. In addition, the …

. In the medium-term, the revenue multiplier becomes insignificant (with a wide confidence interval) and the spending … multiplier strengthens. Capital and current spending have a similar effect on growth but the capital multiplier remains … multiplier estimates suggest a more diverse combination of measures …