The purpose of this note is to help mainstream fiscal multipliers in PFRs. It aims to provide guidance for estimating fiscal ...
Learn how the Keynesian multiplier affects economic growth, emphasizing government spending's influence on employment and GDP within macroeconomic theory.
Empirical (employing the Blanchard-Perotti framework) and modeling (using a country-specific DSGE model) approaches are used to estimate fiscal multipliers by policy instrument for Bolivia, to ...
Discover how the equity multiplier measures asset financing through stock versus debt, and what it means for company leverage ...
Econometric results suggest that Qatar’s strong capital spending multiplier became less impactful as the stock of capital rose to a high level, likely as the marginal impact declined. This supports ...
We study how international labor mobility interacts with fiscal policy and skills mismatch. We develop a small open economy model featuring heterogeneous households, endogenous migration decisions, ...
India’s much-celebrated “Goldilocks” narrative, an economy achieving robust growth alongside low inflation, appears to be unravelling into a fiscal gridlock as we approach the 2026 Budget. Headline ...