Regime dependence of the fiscal multiplier

123 citations recorded by the source corpus.

Citations in the corpus

Government Spending Multipliers in Good Times and in Bad: Evidence from US Historical Data (2014, unknown): “0022-3808/2018/12602-0005$10.00 850 government spending multipliers 851 suggest that increases in government purchases do not stimulate private activity and that fiscal consolidations based on reducing government purchases are unlikely to do much harm to the private sector.”
State-dependent effects of fiscal policy (2014, unknown): “The government spending multiplier could be negative, and if it is positive, it is likely less than unity.”