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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
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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