Explore how the multiplier effect impacts economic output through investment changes, with key concepts like the money supply ...

The United States has implemented large-scale fiscal policy measures to help households and businesses cushion the economic fallout from the COVID-19 pandemic and to strengthen the recovery. The ...

This paper estimates the macroeconomic effects of fiscal consolidations in sub-Saharan Africa using a newly constructed narrative dataset of discretionary fiscal policy actions for 14 countries over ...

The lack of a standardized framework to report fiscal multipliers limits comparisons across studies, budgetary items, or countries. Within a unified analytical framework (using a panel of 177 ...

THE cryptic phrase "fiscal cliff" is creeping into news reports and economic analyses (including our own). Alongside "grexit" and "hard landing" it lurks as a mysterious and malevolent force waiting ...

The exasperation over the elusive private capex revival at the government level has intensified. The crowd-in effect of the outsized infrastructure spending by the government and supply side bounties ...

The severe global economic downturn and the large stimulus programs that governments in many countries adopted in response have generated a resurgence in research on the effects of fiscal policy. One ...

Shawkat Hammoudeh is Professor of Economics and International Business at Drexel University. He can be reached at hammousm@drexel.edu. There is currently a debate raging among first-rate economists ...

Essentially, the Keynesian multiplier is a theory that states the economy will flourish the more the government spends, and the net effect is greater than the exact dollar amount spent. The multiplier ...