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ISSN: 2450-7733     eISSN: 2300-4096    OAI    DOI: 10.18276/sip.2017.47/1-03
CC BY-SA   Open Access 

Issue archive / nr 47/1 2017
Pomiar mnożnika fiskalnego
(Measurement of the fiscal multiplier)

Authors: Justyna Herda
Instytut Ekonomiki Rolnictwa i Gospodarki Żywnościowej – Państwowy Instytut Badawczy
Keywords: fiscal multiplier size of fiscal multiplier Vector Autoregressive Model Dynamic Stochastic General Equilibrium Model
Year of publication:2017
Page range:11 (35-45)
Klasyfikacja JEL: C68 E62
Cited-by (Crossref) ?:


The article discusses the problem of measuring the fiscal multiplier. Firstly, the idea of a fiscal multiplier is explained. Then determinants of the size of fiscal multipliers are characterised. The next section provides some models, which are used in research on fiscal multipliers, including the Vector Autoregressive Model (VAR) and the Dynamic Stochastic General Equilibrium (DSGE). At the end, based on a literature review the article presents the estimates of the size of fiscal multipliers.
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