Pomiar mnożnika fiskalnego
Measurement of the Fiscal Multiplier
Author(s): Justyna HerdaSubject(s): Economy, Business Economy / Management
Published by: Wydawnictwo Naukowe Uniwersytetu Szczecińskiego
Keywords: fiscal multiplier; size of fiscal multiplier; Vector Autoregressive Model; Dynamic Stochastic General Equilibrium Model
Summary/Abstract: 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.
Journal: Studia i Prace WNEIZ US
- Issue Year: 2017
- Issue No: 47/1
- Page Range: 35-45
- Page Count: 11
- Language: Polish