Construct · 1 fields · 1 citations

local fiscal multiplier: a standalone construct

One name. One construct. A landmark on the map.

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Public finance

the effect of government spending on output in one region relative to others within a monetary union, estimated from cross-regional variation.

In public finance, local fiscal multiplier refers to the effect of government spending on output in one region relative to others within a monetary union, estimated from cross-regional variation. This meaning comes from Nakamura (2014) in American Economic Review.[1]

Unit
Recovery means
Measured by

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Nearby constructs

government2 fields · 3 citationsjingle · one word, two constructs multiplier3 fields · 3 citationsjingle · one word, three constructs union3 fields · 5 citationsjingle · one word, three constructs

References

Nakamura, E., & Steinsson, J. (2014). Fiscal Stimulus in a Monetary Union: Evidence from US Regions. American Economic Review, 104(3), 753-792. https://doi.org/10.1257/aer.104.3.753

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