Missing-link and “debottlenecking” projects are especially valuable to leverage economic activity. The multiplier-effect theory was first articulated by economist John Maynard Keyenes in 1936.

In any economy, there is a multiplier as a dollar turns over and creates more dollars. An important aspect of every economic development plan is figuring out how to create multipliers in the ...

Basically the authors looked at whether the economic theory of money multiplier (a central concept in fractional reserve banking) is supported by empirical data, and found that it is not. Part of ...

How much cash continues to pour in and stay is a function of several economic components: the value of the product for sale, the confidence in the present, and the perception of the future.

A new staff position paper put together by International Monetary Fund economists presses the case for more aggressive fiscal stimulus actions worldwide.

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 ...

The Hitotsubashi Journal of Economics was first published by Hitotsubashi University in October 1960. Now, it is published bi-annually and is open to all researchers in the field of economics. In ...

Where did it come from and why is there so much disagreement about it? The multiplier emerged from arguments in the 1920s and 1930s over how governments should respond to economic slumps.

It’s become a mantra in Hawaii that every dollar of government spending produces $1.50 in economic benefits. This is known as the “multiplier effect,” and is cited often by unions, research ...