Learn how the marginal propensity to save (MPS) impacts economic decisions and calculations. Discover its role in Keynesian economics and how to calculate MPS effectively.

Empirical (employing the Blanchard-Perotti framework) and modeling (using a country-specific DSGE model) approaches are used to estimate fiscal multipliers by policy instrument for Bolivia, to ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation The theoretical literature generally finds that government spending multipliers are bigger than unity in a low interest ...

As I pointed out in my last piece, federal health-related tax expenditures have grown explosively over the past 50 years. I am using this post to dive a little deeper into the details and explain how ...

Public spending is too often justified on the basis of creation of jobs. And more often than not - there will be a reference to some number of jobs to be created. This number represents the 'new' ...