Construct · 1 fields · 1 citations

state-dependent fiscal multiplier: a standalone construct

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Public finance

the finding that government spending raises output by more in recessions than in expansions.

In public finance, state-dependent fiscal multiplier refers to the finding that government spending raises output by more in recessions than in expansions. This meaning comes from Auerbach (2012) in American Economic Journal: Economic Policy.[1]

Unit
Recovery means
Measured by

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Nearby constructs

stimulus3 fields · 5 citationsjingle · one word, three constructs government2 fields · 3 citationsjingle · one word, two constructs multiplier3 fields · 3 citationsjingle · one word, three constructs

References

Auerbach, A. J., & Gorodnichenko, Y. (2012). Measuring the Output Responses to Fiscal Policy. American Economic Journal: Economic Policy, 4(2), 1-27. https://doi.org/10.1257/pol.4.2.1

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