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One of the key areas in fiscal policy investigations is the size of the fiscal multiplier, and most studies find contradictory results. In this current study, we use a unique dataset of 132 studies and more than 3200 observations to conduct a meta-analysis on multiplier effects, and employ...
Persistent link: https://www.econbiz.de/10014077364
The existing literature on fiscal policy has mainly employed linear models that found a small fiscal multiplier in developing economies. These findings challenge the importance and e↵ectiveness of fiscal policy for these countries. However, linear models are not capable of distinguishing the...
Persistent link: https://www.econbiz.de/10014532627
Persistent link: https://www.econbiz.de/10012694304
The existing literature on fiscal policy has mainly employed linear models that found a small fiscal multiplier in developing economies. These findings challenge the importance and effectiveness of fiscal policy for these countries. However, linear models are not capable of distinguishing the...
Persistent link: https://www.econbiz.de/10012205597
Interest in fiscal policy has been dynamically improved in the last two decades; the number of research conducted on this topic has significantly increased in recent years. One of the key areas in fiscal policy investigations is the size of the fiscal multiplier, and most studies find...
Persistent link: https://www.econbiz.de/10013189176