Keynesian government spending multipliers and spillovers in the euro area
The global financial crisis has lead to a renewed interest in discretionary fiscal stimulus. Advocates of discretionary measures emphasize that government spending can stimulate additional private spending — the Keynesian multiplier effect. Thus, we investigate whether the spending package announced...
|Place of publication:||
European Central Bank
|Data of publication:||2010/11|
Working Paper Series
|Online Access:||available in Bonn?|
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