FISCAL MULTIPLIERS: A REVIEW OF THE EMPIRICAL LITERATURE

被引:0
|
作者
Ceron Cruz, Juan Antonio [1 ]
机构
[1] Univ Carlos III Madrid, E-28903 Getafe, Spain
来源
关键词
Fiscal Policy; Output Stability; Cycles; Multipliers; POLICY;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper reviews the recent investigations aimed to quantifying the economic impact of discretionary fiscal policy, what is known as fiscal multipliers. Specially, we stress the methodological topics and use several perspectives to assess the outcomes. Covered works show a wide variety of estimations, depending mostly on the hypothesis used and the conditions of each country. On the other hand, we find a set of plausible conditions that provide positive effects of discretionary fiscal policy on private components of aggregate demand.
引用
收藏
页码:175 / 209
页数:35
相关论文
共 50 条
  • [1] Some amendments to the algebraic representation and empirical estimation of the fiscal multipliers
    Nizam, Ahmed Mehedi
    [J]. HELIYON, 2020, 6 (11)
  • [2] Public investment fiscal multipliers: An empirical assessment for European countries
    Deleidi, Matteo
    Iafrate, Francesca
    Levrero, Enrico Sergio
    [J]. STRUCTURAL CHANGE AND ECONOMIC DYNAMICS, 2020, 52 : 354 - 365
  • [3] Fiscal Multipliers
    Jankech, Jozef
    [J]. ERA OF SCIENCE DIPLOMACY: IMPLICATIONS FOR ECONOMICS, BUSINESS, MANAGEMENT AND RELATED DISCIPLINES (EDAMBA 2015), 2015, : 377 - 385
  • [4] A review of the empirical literature about the relationship between fiscal decentralization and economic growth
    Esteban-Laleona, Sonia
    de Frutos-Madrazo, Pablo
    Cristina de Miguel-Bilbao, Maria
    [J]. ECONOMIA SOCIEDAD Y TERRITORIO, 2011, 11 (36): : 349 - 381
  • [5] Unemployment fiscal multipliers
    Monacelli, Tommaso
    Perotti, Roberto
    Trigari, Antonella
    [J]. JOURNAL OF MONETARY ECONOMICS, 2010, 57 (05) : 531 - 553
  • [6] Fiscal Multipliers for India
    Bose, Sukanya
    Bhanumurthy, N.
    [J]. MARGIN-JOURNAL OF APPLIED ECONOMIC RESEARCH, 2015, 9 (04): : 379 - 401
  • [7] Fiscal Multipliers in Recessions
    Canzoneri, Matthew
    Collard, Fabrice
    Dellas, Harris
    Diba, Behzad
    [J]. ECONOMIC JOURNAL, 2016, 126 (590): : 75 - 108
  • [8] Fiscal Multipliers and Beyond
    Warmedinger, Thomas
    Checherita-Westphal, Cristina
    Hernandez de Cos, Pablo
    [J]. HACIENDA PUBLICA ESPANOLA-REVIEW OF PUBLIC ECONOMICS, 2015, (215): : 139 - 167
  • [9] Impact of fiscal institutions on public finances in the European Union: Review of evidence in the empirical literature
    Gorcak, Martin
    Saroch, Stanislav
    [J]. REVIEW OF ECONOMIC PERSPECTIVES, 2021, 21 (02) : 215 - 232
  • [10] Fiscal Multipliers in Russia
    Vlasov, S. A.
    Deryugina, E. B.
    [J]. ZHURNAL NOVAYA EKONOMICHESKAYA ASSOTSIATSIYA-JOURNAL OF THE NEW ECONOMIC ASSOCIATION, 2018, (02): : 104 - 119