What Do We Know About Fiscal Multipliers?
Carlo Favero () and
Madina Karamysheva
No 10986, CEPR Discussion Papers from C.E.P.R. Discussion Papers
Abstract:
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.
Keywords: Fiscal adjustment; Fiscal plans; Output growth (search for similar items in EconPapers)
JEL-codes: E62 H60 (search for similar items in EconPapers)
Date: 2015-12
New Economics Papers: this item is included in nep-mac
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Citations: View citations in EconPapers (4)
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