Fiscal multipliers in recessions

The Great Recession, and the fiscal response to it, has revived interest in the size of fiscal multipliers. Standard business cycle models have difficulties generating multipliers greater than one. And they also fail to produce any significant asymmetry in the size of the multipliers over the busine...

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Bibliographic details
Volume: 12-04
Main Author: Canzoneri, Matthew
Collard, Fabrice
Dellas, Harris
Diba, Behzad
Format: Paper
Language: English
Place of publication: Bern Univ., Fac. of Economics and Social Sciences, Dep. of Economics 2012
published in: Discussion Papers, Department of Economics, Universität Bern Vol. 12-04
Data of publication: 2012
Subjects:
Online Access: Fulltext
Database: EconStor
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