000 01610nab#a2200277#c#4500
999 _c34284
_d34284
003 IEF
005 20221026182832.0
008 170623s2017 AUS|| #####0 b|ENG|u
040 _aIEF
_cES-MaBCM
041 _aENG
100 1 _aAlexiou, Constantinos
_964786
245 _aCyclical multiplier and zero low bound effects of Government expenditureon economic growth
_bevidence for Greece
_c Constantinos Alexiou, Joseph G. Nellis
260 _c2017
505 0 _aDisponible en línea a través de la Biblioteca de Estudios Fiscales. Resumen. Bibliografía. Conclusión.
520 _aThis study explores the impact of government expenditure multipliers on economic growth utilising an Autoregressive Distributed Lag (ARDL) approach. We provide evidence on the short-term dynamics as well as the long-run expenditure multiplier effects on economic growth for the Greek economy over the period1960.2014. We find that the size of the multiplier does not differ substantially over the phases of the business cycle. Our results also indicate that irrespective of the scale of inflation, government expenditure positivelyaffects economic growth, whilst inconclusive evidence is obtained in the case of exceptionally low interest rates.
650 4 _aGASTO PUBLICO
_944787
650 4 _aEFECTO MULTIPLICADOR
_960117
650 4 _aDESARROLLO ECONOMICO
_950224
650 4 _aCICLOS ECONOMICOS
_934579
650 4 _aGRECIA
_942096
700 1 _aNellis, Joseph G.
_931151
773 0 _tAustralian economic papers
_w436
_gv. 56, n. 2, June 2017, p. 119-133
942 _cART
_2udc
942 _2udc