greater than one), an individually optimal response to the increased riskiness of the price distribution will result in an even riskier price distribution: an increase in risky activity in one sector will lead to an increase in risky activity in the other sector, and this gives multiplier ...
But the economic impact doesn’t stop there. The outlet where the restaurant employee spends wages boosts its sales and engages in spending of its own. This is part of the multiplier effect. Thus, the economic impact from the restaurant also has ripple effects....
Then, in the majority of the models surveyed, the Keynesian Haavelmo effect is no longer valid; instead we have an inverted Haavelmo effect ie a negative balanced budget multiplier, which can be seen as a theoretical and empirical basis for tax cuts as advocated by supply-side economics....
These analyses have shown that the long-run response of the capital stock to changes in fiscal policy is crucial to generating the potential for "multiplier" effects in these models. In this paper we ask, what are the implications of relaxing the assumption of perfectly elastic capital supply ...
Explain the effect of foreign repercussions on the value of the spending multiplier. Discuss the effect of the increase in savings of the households. Identify the four market structures and their effects on firm behavior. Explain the effects of opportunity cost in trade. Identify one example of ...
We robustly find strong and persistent long-run multiplier effects for most European Countries in the early years after the financial crisis and subsequent Euro Area crisis. We conclude that early stimulus was beneficial even in the long-run, while the subsequent turn to austerity was badly timed...
The existence of a multiplier, compositional or social context effect is debated extensively in the literature on school effectiveness and also relates to ... D Flannery,L Gilleece,JG Clavel - Large-scale Assessments in Education 被引量: 0发表: 2023年 The gender wage gap and the presence of ...
No such multiplier effect is observed for females, nor are multiplier effects observed for marijuana use or sexual behavior for either males or females. Students who did not engage in these behaviors in high school do not appear to be affected by their roommates' high school behavior....
To this end, a regime-switching process is embedded in standard macroeconomic equations in order to take into account different budgetary regimes. We find evidence of asymmetric effects for both the multiplier of government expenditure and the fiscal multiplier, with differing effects during the phases...
Domestic tourism and regional inequality in Brazil interregional input-output system for Brazil to compute the tourism multiplier effects based on alternative hypotheses for the sources of financing of tourist ... EA Haddad,AA Porsse,W Rabahy - 《Tourism Economics》 被引量: 47发表: 2013年 An Ex...