The Fiscal Multiplier and Economic Policy Analysis in the United States: Working Paper 2015-02

Felix Reichling and Charles Whalen

No 49925, Working Papers from Congressional Budget Office

Abstract: The recession from 2007 to 2009 sparked wide interest in the economic effects of fiscal policy. That interest is reflected in an ongoing debate over the size of the fiscal multiplier. This working paper addresses three questions: What models do economists use to estimate that multiplier? Why do estimates of it vary widely? How can economists use those estimates to judiciously analyze U.S. economic policy??

JEL-codes: E62 H30 (search for similar items in EconPapers)
Date: 2015-02-03
New Economics Papers: this item is included in nep-mac and nep-pbe
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Citations: View citations in EconPapers (24)

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Persistent link: https://EconPapers.repec.org/RePEc:cbo:wpaper:49925

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