Learn how the fiscal multiplier impacts GDP, understand its formula, and see real-world examples of fiscal policies affecting ...

Learn how changes in fiscal policy, like government spending or tax rates, can multiply economic growth by increasing GDP and ...

Although it seems like a world away, the main economic policy argument in the early summer of 2010 was about the effectiveness of fiscal stimulus, in the wake of the Obama administration’s $787bn ...

The model finds significant evidence that the impact of fiscal policy on economic activity varies with the business cycle and that the effect of fiscal policy on output is nonlinear. Average fiscal ...

Olli Rehn is the European Commissioner for economics. Olli has spent much of his time in recent years telling everyone that Europe’s austerity policies were working and the Eurozone economy was just ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Forecasts for the European Union covering 2012-2014 were out on Wednesday. FT Alphaville thinks the EC may be ...

Two papers I saw presented this morning took very different approaches to reach a similar conclusion—inside a currency union there can be big fiscal policy multipliers. In other words, large positive ...

Amid renewed crisis, falling tax revenues, and rising debt, Ukraine faces serious fiscal consolidation needs. Durable fiscal adjustment can support economic confidence and rebuild buffers but what is ...

The United States has implemented large-scale fiscal policy measures to help households and businesses cushion the economic fallout from the COVID-19 pandemic and to strengthen the recovery. The ...

Kate Mackenzie at FT Alphaville gives us the latest from International Monetary Fund chief economist Olivier Blanchard who wrote a little box in the latest IMF World Economic Outlook report arguing ...

Prime Minister Narendra Modi has announced a ₹20 trillion stimulus package, which amounts to around 10% of India’s GDP. Prime Minister Narendra Modi at 8 pm on Tuesday announced a ₹20 trillion ...

The fiscal “multiplier” measures how many additional dollars of output are gained or lost for each dollar of fiscal stimulus or contraction. In practice, the multiplier at any point in time depends on ...