Prime Minister Mark Carney says Canada will meet its two per cent of GDP commitment to NATO by next spring though that’s only ...

The Keynesian Multiplier . Many economists believe that new investments can go far beyond just the effects of a single company’s income. Depending on the type of investment, it may have ...

The Keynesian multiplier, coined by British economist John Maynard Keynes, posits that government spending — such as on infrastructure — triggers successive rounds of income and consumption, ...

Keynesian militarism is a poor substitute for Keynesianism. George M. Georgiou is an economist who for many years worked at the Central Bank of Cyprus in various senior roles.

Postwar prosperity—here was the vindication of Keynesianism and the multiplier. The economy shot up like a rocket after 1945. It sure did—as government spending fell from 43 to 11 percent of GDP.

According to Keynes, government expenditure causes national income to grow through a multiplier effect. While productive investment can generate future income streams, increasing consumption ...

A Keynesian multiplier demonstrates that the economy will flourish as the government increases spending. According to the theory, the net gain is greater than the dollar amount spent.

Keynes’s theory was widely accepted but never fully implemented or tested. That is, ... Some empirical studies suggest a 1.5 multiplier at times, but others only 0.5, ...

John Maynard Keynes referred to his many disciples as “fools” to Friedrich Hayek toward the end of his life, and the very notion of a government spending multiplier supports Keynes’s disdain.

We study the response of corporate investment in Emerging Markets to unexpected fiscal shocks. We find that, although firm-level investment decreases on impact following unexpected public expenditure ...