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Regular version of the site

Book chapter

What Do We Know about Fiscal Multipliers?

P. 443-482.
Favero C., Karamysheva M.
Editor of translation: Ľ. Ódor.

The Empirical evidence on fiscal multipliers is very heterogenous. In this paper we first survey available estimates of fiscal multipliers to try to understand their heterogeneity. We provide a general framework that allows to make the identification and specification choices made by the different authors explict and leads hopefully to a better understanding of the heterogeneity of results.

In book

Cambridge University Press, 2017.