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Are Regional Fiscal Multipliers on EU Structural and Investment Fund Spending Large ? A Reassessment of the Evidence (English)

The European Commission’s “NextGenerationEU” COVID-19 recovery package has underscored interest in the size of regional fiscal multipliers in Europe. While the objective of these funds is the long-term transformation toward more sustainable green growth and digitalization in EU economies, several recent papers have also focused on their short-term stimulatory effects and have estimated large short-term regional multipliers on historical EU structural...
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Fiuratti,Federico Ivan; Nikolova,Desislava Enikova; Pennings,Steven Michael; Schiffbauer,Marc Tobias.

Are Regional Fiscal Multipliers on EU Structural and Investment Fund Spending Large ? A Reassessment of the Evidence (English). Policy Research working paper ; no. WPS 10658; COVID-19 (Coronavirus); Paper is funded by the Knowledge for Change Program (KCP); PROSPERITY Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099454401092494983

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