Documents & Reports

When is the government transfer multiplier large ? (English)

Abstract

Transfers to individuals were a larger part of the 2009 U.S. stimulus package than government purchases. Using a two-agent New Keynesian model, this paper shows analytically that the multiplier on targeted transfers to financially constrained households... See More +

Details

  • Giambattista, Eric; Pennings, Steven Michael;
  • 2017/09/06 14:41:04
  • Policy Research Working Paper
  • WPS8184
  • 1
  • 1
  • World
  • The World Region
  • 2017/09/06 14:37:37
  • Disclosed
  • When is the government transfer multiplier large ?
See More +

Downloads

Complete Report in English

Official version of document (may contain signatures, etc)

*The text version is uncorrected OCR text and is included solely to benefit users with slow connectivity.

Citation