More on Government Spending Multipliers

How large is the government spending multiplier? A more recent paper by Christiano et. al. sheds some new light. This paper is more centered on the US. Here is a link for how large is the government multiplier internationally.

A new paper by Cogan et al. finds that the effect of fiscal stimulus is 1/6 th of those estimated by Christina Romer and Bernstein.

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Filed under current economic issues, macroeconomics

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