The results are interesting because many economists--most recently, Lawrence Christiano, Martin Eichenbaum, and Sergio Rebelo (2009)--believe that the multipliers
are higher when the economy is slack.
Treating such anticipated changes in fiscal variables as fiscal shocks can attenuate estimates of fiscal multipliers
As expected, for each cluster, all the state employment multipliers
are slightly larger than the regional multipliers
, and the national multipliers
are even larger still.
The basic block of VM is 2x2 multiplier
, which is shown in Fig 1.
Through the "bottoms-up" participatory approach they experience firsthand the economic incentives and forces governing the multiplier
The third criticism of the multiplier
concept is the disregard of private property rights.
For more information about the company and its newly completed line of multipliers
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And in this era of global financial crises that have affected a big percentage of the developed world and where quantitative easing has been a key prescription for moving economies from recession it is vital to study the size and behavior of the multipliers
In order to establish a baseline estimate of fiscal multipliers
in a cross-country comparative context, we first run a series of scenarios under a set of common assumptions.
By incorporating information about inter-industry relationships, the RIMS II multipliers
can estimate the impact of economic activity on particular industry sectors within a region.
Diminishers tend to be the final decision makers while multipliers
prefer to be debate makers.
is the latest business leadership theory to be published out of the U.