Although it seems like a world away, the main economic policy argument in the early summer of 2010 was about the effectiveness of fiscal stimulus, in the wake of the Obama administration’s $787bn ...

Olli Rehn is the European Commissioner for economics. Olli has spent much of his time in recent years telling everyone that Europe’s austerity policies were working and the Eurozone economy was just ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Forecasts for the European Union covering 2012-2014 were out on Wednesday. FT Alphaville thinks the EC may be ...

Discover how the equity multiplier measures asset financing through stock versus debt, and what it means for company leverage ...

This Selected Issues Paper revisits fiscal multipliers for Estonia with a view to highlighting policy trade-offs and providing growth-friendly options for fiscal consolidation. The pandemic triggered ...

This paper provides background information for policymakers on fiscal multipliers, including quantitative estimates. The fiscal multiplier is the ratio of a change in output to an exogenous change in ...

THE cryptic phrase "fiscal cliff" is creeping into news reports and economic analyses (including our own). Alongside "grexit" and "hard landing" it lurks as a mysterious and malevolent force waiting ...

Daboh, F., Ngebeh, R. and Beah, A. (2026) The Fiscal Multiplier Effect: A Quantitative Analysis of Government Spending’s Impact on Economic Growth in Sierra Leone . Open Access Library Journal, 13, ...

Two papers I saw presented this morning took very different approaches to reach a similar conclusion—inside a currency union there can be big fiscal policy multipliers. In other words, large positive ...

Prime Minister Narendra Modi has announced a ₹20 trillion stimulus package, which amounts to around 10% of India’s GDP. Prime Minister Narendra Modi at 8 pm on Tuesday announced a ₹20 trillion ...

The United States has implemented large-scale fiscal policy measures to help households and businesses cushion the economic fallout from the COVID-19 pandemic and to strengthen the recovery. The ...

The fiscal “multiplier” measures how many additional dollars of output are gained or lost for each dollar of fiscal stimulus or contraction. In practice, the multiplier at any point in time depends on ...