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In economics, a multiplier is any factor that measures the increase of a related variable. In government policy, it is commonly used to measure an increase in GDP caused by stimulus spending.
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 ...
Several studies have provided evidence of the local multiplier effect and its positive impact on local economies. For instance, a study conducted by Civic Economics, a consulting firm specializing ...
Junk Science Week — Jack Mintz: Multiplier effects are junk economics. In a depression, deficit spending may 'create jobs,' but when labour markets are tight, people taking new jobs are leaving old ...
A multiplier of 0.5x, on the other hand, would actually reduce the base figure by half. Many different multipliers exist in finance and economics. The Fiscal Multiplier ...