In short, Keynesian economic theory outlines that government intervention can help an economy achieve stability and full employment. The multiplier effect in Keynesian economics asserts that ...

However, I identify economic circumstances in which multipliers lie outside those ranges. Finally, I review the debate on whether multipliers were higher for the 2009 Obama stimulus spending in the ...

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 ...

Is the money multiplier theory a lie? Discover the truth about how commercial banks actually create money. Learn why outdated economic textbooks and YouTube videos get it wrong, and what really limits ...

The economic base model has some conditional assumptions while it is quite tractable. Recently, papers by Moretti and others show significant regional multiplier effects of innovative jobs. They ...