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Einnahmen- und ausgabenseitige Multiplikatoren der deutschen Volkswirtschaft

Author

Listed:
  • Georg Quaas
  • Mathias Klein

Abstract

Theoretically based on the Haavelmo theorem, this study analyses the economic effects that increasing public expenditure or reducing public income have on the gross domestic product of Germany, with the help of two medium-sized macro-econometric models, the RWI business cycle model and the Econometric Model of the German Economy. The major finding is that most of the public revenue multipliers are considerably lower than most of the public spending multipliers. However, both the dimension and the time course of the effects are a function of the specific kind of politico-economic measures taken by the government. Copyright ZBW and Springer-Verlag Berlin Heidelberg 2012

Suggested Citation

  • Georg Quaas & Mathias Klein, 2012. "Einnahmen- und ausgabenseitige Multiplikatoren der deutschen Volkswirtschaft," Wirtschaftsdienst, Springer;German National Library of Economics, vol. 92(10), pages 692-698, October.
  • Handle: RePEc:spr:wirtsc:v:92:y:2012:i:10:p:692-698
    DOI: 10.1007/s10273-012-1440-x
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    Keywords

    E17; E61; H12;

    JEL classification:

    • E17 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Forecasting and Simulation: Models and Applications
    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
    • H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management

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