Understanding Fiscal Policy's Multiplier Effect on Economic Growth

Learn how changes in fiscal policy, like government spending or tax rates, can multiply economic growth by increasing GDP and ...

Understanding Fiscal Multipliers: Definition, Formula, and Real-World Impact

Learn how the fiscal multiplier impacts GDP, understand its formula, and see real-world examples of fiscal policies affecting ...
The Telegraph

Impact of the local multiplier effect

Supporting local business has long been recognized as the key factor in driving economic growth and community development. Studies consistently show that when consumers spend their money at local ...
San Francisco Fed

The COVID-19 Fiscal Multiplier: Lessons from the Great Recession

The United States enacted a series of fiscal relief and stimulus bills in recent weeks, centered around the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The current fiscal response ...
San Francisco Fed

Fiscal Multiplier at the Zero Bound: Evidence from Japan

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 ...