…to consumer. Going full Hicks (the orignal IS-LM model) that is 1-1/(the multiplier) = 1/3. To consistently apply the original IS-lm model, Krugman should calculate (multiplier -1)(the tax cut) =…

…I can safely and for sure tell you that food labeling is approved by the USDA and or the FDA. A small change in a label or packaging such as…

by Rebecca Wilder Fractional Money Multipliers Money multipliers – the stock of money divided by a measure of base money (generally reserves plus currency in circulation) – are dwindling to…

…$55-60B. Again, let’s be optimists and say $60B. The required multiplier is then: FedMultiplier * FedStim = CA-ILEconomyCost FedMultiplier * $60B = $68.1B FedMultiplier = 1.135 That’s the minimum multiplier…

…do not get job growth or economic growth. During his Japanese Disease part of the argument we get to the bottom line: Since government deficit spending has no long-term multiplier…

…they have made a factor of 16 error in their informal calculations. They seem to think that Phillips is assuming a huge gigantic multiplier since 2% of GDP is many…

…“simplest” effort is pages long – only the gifted can make it simple. The bottom line point is that in a simplest new Keynesian model, the fiscal multiplier is one…

…could be executed precisely and had multiplier effects, it is time to learn by experience that this strategy is not working. [] have all failed to generate growth. The policy…

…sold at major retailers today, such as legendary Half of Fame MLB pitcher Nolan Ryan’s private label beef that is carried exclusively at Kroger stores, or at his private label…

…cut multiplier in Romer and Romer 2007 (warning pdf). He suspects that they left something out. I agree that the evidence for large multipliers (on the order of 3) in…