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The Conceptual, Methodological, And Empirical Aspects Regarding Budgetary Multipliers

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  • LEONIDA, Ionel

    (Centre for Financial and Monetary Research “Victor Slavescu”, N.I.E.R., Romanian Academy, Bucharest, Romania)

Abstract

This paper will present a brief presentation of some conceptual and methodological aspects regarding the fiscal and budgetary multipliers in general, and then a set of budgetary multipliers for Romania for the period 2005-2017 will be calculated. The research methods used in the thesis focuses on evaluations of the theory, studies and interpretations in the literature on tax-budgetary multipliers, methodological analysis, algebraic calculation and interpretation of the economic significance of the obtained results. The results expected to be obtained can be concretized in an evaluation table of the impact of the budgetary multipliers on the economic dynamics in Romania during the reference period.

Suggested Citation

  • LEONIDA, Ionel, 2018. "The Conceptual, Methodological, And Empirical Aspects Regarding Budgetary Multipliers," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 6(1), pages 63-71, October.
    • Handle: RePEc:vls:rojfme:v:6:y:2018:i:1:p:63-71
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    References listed on IDEAS

    as
    1. Born, Benjamin & Juessen, Falko & Müller, Gernot J., 2013. "Exchange rate regimes and fiscal multipliers," Journal of Economic Dynamics and Control, Elsevier, vol. 37(2), pages 446-465.
    2. Nicoletta Batini & Mr. Luc Eyraud & Lorenzo Forni & Miss Anke Weber, 2014. "Fiscal Multipliers: Size, Determinants, and Use in Macroeconomic Projections," IMF Technical Notes and Manuals 2014/004, International Monetary Fund.
    3. Cogan, John F. & Cwik, Tobias & Taylor, John B. & Wieland, Volker, 2010. "New Keynesian versus old Keynesian government spending multipliers," Journal of Economic Dynamics and Control, Elsevier, vol. 34(3), pages 281-295, March.
    4. Sebastian Gechert & Ansgar Rannenberg, 2014. "Are Fiscal Multipliers Regime-Dependent? A Meta Regression Analysis," IMK Working Paper 139-2014, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    5. Mr. Dirk V Muir & Miss Anke Weber, 2013. "Fiscal Multipliers in Bulgaria: Low But Still Relevant," IMF Working Papers 2013/049, International Monetary Fund.
    6. Nicoletta Batini & Luc Eyraud & Lorenzo Forni & Anke Weber, 2014. "Fiscal Multipliers; Size, Determinants, and Use in Macroeconomic Projections," IMF Technical Notes and Manuals 14/04, International Monetary Fund.
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    More about this item

    Keywords

    multipliers; budgetary; fiscal; economic cycle;
    All these keywords.

    JEL classification:

    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory

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