KnowraFiscal multiplierLinked fromLinked fromThe 13 pages that link to Fiscal multiplier, each with the reason it gives.All 13Related 11Compared with 2Fiscal policyRelated: It measures how an initial fiscal change propagates through the economy.AusterityRelated: It helps explain why cuts can shrink output as well as the deficit.Automatic StabilizerRelated: It describes how the initial income support can ripple through overall output.New Keynesian economicsRelated: New Keynesian models show how demand effects can vary with monetary policy and economic slack.Public financeRelated: It describes how a budget decision can produce effects beyond its initial size.Liquidity TrapRelated: When monetary policy cannot offset fiscal expansion, government spending may raise output more strongly.Fiscal conservatismRelated: Multiplier estimates shape claims about the economic cost of spending cuts or tax changes.Trickle-down economicsRelated: Its size helps compare tax cuts for the wealthy with direct public spending.Paul KrugmanRelated: Disputes over its size underpin Krugman’s criticism of deficit reduction during recessions.Infrastructure investment (public finance)Related: The multiplier describes how infrastructure outlays may affect demand beyond their direct cost.Olivier BlanchardRelated: Blanchard’s IMF work helped show that crisis-era fiscal multipliers were larger than some forecasts assumed.