In economics, the fiscal multiplier (not to be confused with the money multiplier) is the ratio of change in national income arising from a change in...
27 KB (3,722 words) - 21:43, 21 February 2024
This process continues multiple times, and is called the multiplier effect. The multiplier may vary across countries, and will also vary depending on...
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Multiplier may refer to: Look up multiplier or multipliers in Wiktionary, the free dictionary. Multiplier (arithmetic), the number of multiples being...
2 KB (335 words) - 20:44, 27 October 2024
Balanced budget (redirect from Balanced Budget Multiplier)
Gordon Brown was Chancellor, in 1998, 1999, 2000 and 2001. Because of the multiplier effect, it is possible to change aggregate demand (Y) keeping a balanced...
14 KB (1,791 words) - 07:24, 9 May 2024
Austerity (redirect from Fiscal austerity)
come up with reasonable multiplier estimates. The approach bunches countries into groups (or "buckets") with similar multiplier values, based on their...
98 KB (11,063 words) - 14:42, 16 November 2024
affects economic growth and welfare, which can be increased (known as fiscal multiplier) or decreased (known as excess burden of taxation). Consequently,...
110 KB (14,332 words) - 06:55, 21 November 2024
In economics and political science, fiscal policy is the use of government revenue collection (taxes or tax cuts) and expenditure to influence a country's...
20 KB (2,553 words) - 13:22, 14 July 2024
Keynesian economics (section Origins of the multiplier)
of the multiplier in Chapter 10 with a reference to Kahn's earlier paper (see below). He designates Kahn's multiplier the "employment multiplier" in distinction...
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loan-making, a ratio called the money multiplier. However, for those that do not agree with the theory of the money multiplier, the monetary base can be thought...
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Tax cut (section Multiplier Effect)
money reduction in taxes or an increase in government spending. The Fiscal Multiplier and Economic Policy Analysis in the United States, a study by J. Whalen...
32 KB (3,998 words) - 17:40, 26 August 2024
flexible, imperfect competition can affect the influence of fiscal policy in terms of the multiplier. Huw Dixon and Gregory Mankiw developed independently simple...
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true multiplier effect was only 1.02 non-tradable jobs created. Furthermore the study finds that there is no difference on the local multiplier effect...
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macroeconomics, multiplier uncertainty is lack of perfect knowledge of the multiplier effect of a particular policy action, such as a monetary or fiscal policy...
7 KB (1,050 words) - 16:32, 19 December 2016
maximal extent, governments must be willing to use fiscal policy to create jobs. The fiscal multiplier of government spending is expected to be larger when...
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Money creation (redirect from Deposit creation multiplier)
According to the money multiplier theory, which is often cited in macroeconomics textbooks, the central bank controls the money multiplier because it can impose...
32 KB (3,674 words) - 11:25, 13 November 2024
Input–output model (section Regional multipliers)
Economic planning EIOLCA Environmentally extended input–output analysis Fiscal multiplier Gross output Linear programming Industrial metabolism Industrial organization...
28 KB (3,850 words) - 18:42, 28 September 2024
Crowding out (economics) (category Fiscal policy)
tends to expand the market for private-sector products through the fiscal multiplier and thus stimulates – or "crowds in" – fixed investment (via the "accelerator...
19 KB (2,588 words) - 09:20, 9 May 2024
The complex multiplier is the multiplier principle in Keynesian economics (formulated by John Maynard Keynes). The simplistic multiplier that is the reciprocal...
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Stimulus (economics) (redirect from Fiscal stimulus)
sufficient economic growth to fill that gap partially or completely via the multiplier effect. Monetary stimulus refers to lowering interest rates, quantitative...
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Windy Miller also appear in the video. In its explanation of the fiscal multiplier, the BBC radio programme More or Less used the Trumpton economy as...
24 KB (2,601 words) - 04:26, 27 September 2024
work to demonstrate in a simple general equilibrium model that the fiscal multiplier could be increasing with the degree of imperfect competition in the...
167 KB (19,637 words) - 06:18, 6 November 2024
blogs.nytimes.com. 3 November 2012. Retrieved 4 October 2017. CBO-The Fiscal Multiplier and Economic Policy Analysis in the United States-February 2015 Tyson...
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claimed that the decision rules of Keynesian models, such as the fiscal multiplier, cannot be considered as structural, in the sense that they cannot...
51 KB (5,996 words) - 20:52, 20 November 2024
multiplier multiplier uncertainty Any lack of perfect knowledge of the multiplier effect of a particular policy action, such as a monetary or fiscal policy...
229 KB (25,431 words) - 07:31, 24 November 2024
Olivier Blanchard (section On fiscal policy)
consolidation, the so called “multipliers”, were larger than those assumed by the IMF and the EU commission, and that fiscal adjustment should be slower...
34 KB (3,081 words) - 17:03, 5 November 2024
into a broadly Keynesian multiplier model. M u l t i p l i e r = 1 1 − [ M P C ( 1 − T ) − M P I ] {\displaystyle Multiplier={\frac {1}{1-[MPC(1-T)-MPI]}}}...
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would have a multiplier of 1.5. Since the U.S. Federal government has historically collected about 18% of GDP in tax revenue, a multiplier of approximately...
120 KB (15,138 words) - 14:15, 15 September 2024
ones, showed monetary policy to have a multiplier above 1, and in every case to be larger than the fiscal multiplier. His study, which included a model "improving"...
31 KB (4,208 words) - 22:59, 10 February 2024
exchange rate regimes, cyclical properties of fiscal policy in developing countries, and fiscal multipliers. His work has been published in leading international...
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associated with a $2.60 USD increase in total economy activity, implying a fiscal multiplier of 2.6. Miguel published the results of the GiveDirectly evaluation...
36 KB (2,713 words) - 18:39, 24 November 2024