In this letter, we use the Proxy-SVAR approach to investigate fiscal multipliers in Italy. We also estimate distinct multipliers for the Centre-North and the South. Our findings are consistent with the Keynesian view that advocates positive government spending multipliers and point at higher multipliers in the Centre-North.
Matarrese, M.M., Frangiamore, F. (2023). Italian local fiscal multipliers: Evidence from proxy-SVAR. ECONOMICS LETTERS, 228 [10.1016/j.econlet.2023.111185].
Italian local fiscal multipliers: Evidence from proxy-SVAR
Frangiamore, Francesco
2023-01-01
Abstract
In this letter, we use the Proxy-SVAR approach to investigate fiscal multipliers in Italy. We also estimate distinct multipliers for the Centre-North and the South. Our findings are consistent with the Keynesian view that advocates positive government spending multipliers and point at higher multipliers in the Centre-North.
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