Fiscal multipliers are important tools for macroeconomic projections and policy design. In
many countries, little is known about the size of multipliers, as data availability limits the …

В работе исследуются механизмы влияния структуры государственных расходов на
экономическое развитие. Оцениваются мультипликаторы расходов бюджета …

Fiscal multipliers are important tools for macroeconomic projections and policy design. In
many countries, little is known about the size of multipliers, as data availability limits the …

This paper surveys some of the main developments in macroeconomics since the anti-
Keynesian counter-revolution 40 years ago. It covers both mainstream and heterodox …

Government budget deficits rose sharply in almost all major industrialised countries in the
aftermath of the global financial crisis. The associated Great Recession led to a sharp and …

Public debt in the OECD area passed annual GDP in 2011 and is still rising. For many
countries, just stabilising debt-let alone bringing it down to a more sustainable level-is a …

We investigate mechanisms of budget expenditures structure influence on economic
development. General government fiscal multiplier in various functional directions is …

We compute the value of fiscal multipliers (for government primary expenditure, Income and
wealth taxes and for Production and import taxes) in the Eurozone countries since the …

This paper presents an indicator of the fiscal stance that combines features of the bottom-up,
narrative approach on the revenue side with a refined version of the top-down, traditional …

The success of a consolidation in reducing the debt ratio depends crucially on the value of
the multiplier, which measures the impact of consolidation on growth, and on the reaction of …