exogenous factors. The tax-cut multiplier varies between 0.2 and 0.5, while the spending multiplier ranges between 0.2 and 1 ….1; the spending multiplier tends to be larger than the tax-cut multiplier over the past two decades …

allows for estimation on data sampled at different frequencies. Our contribution is two-fold. First, we extend the … tend to have positive effects on output in Italy. The fiscal multiplier, which is maximized at the one year horizon …

This paper empirically studies the U.S. multiplier effects of government investment, government consumption and total … with a shadow interest rate. The government spending multiplier is approximately 0.5 …

In this article we show that the empirically measured multiplier effect of fiscal policy is significant for Germany in … contribute to the small multiplier effect. We demonstrate by means of a counterfactual analysis that the Keynesian multiplier … effect of government spending is 2.44, whilst the multiplier effect of tax revenues stands at -1.78 when leaving these …