Let's shine a light on something that might sound a bit dry at first but is actually pretty dynamic: the multiplier effect. If you’re shopping or doing business locally, you’re already contrib ...

Keynesian models of economic activity also include a multiplier effect; that is, output changes by some multiple of the increase or decrease in spending that caused the change. If the fiscal ...

This paper estimates fiscal policy multipliers for small states using two distinct models: an empirical forecast error model with data from twenty-three small states ...