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 …

We study fiscal policy in Denmark in the period 2004-2012 and compare the actual policy to counterfactual, rule …-based alternatives. Given Denmark's fixed exchange rate towards the euro, it is the job of fiscal policymakers to stabilise fluctuations … during the boom years would have helped Denmark avoid a large loss of competitiveness, thereby dampening and shortening the …

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 …

. 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 …

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 di↵erent phases of economic cycles …. Responding to the previous studies that confirm regime dependency of a fiscal multiplier, our model enriches the literature of …