On the government consumption multipliers evolvement over time: an SVAR analysis

ABSTRACT

We display and discuss general government consumption multipliers from a bivariate SVAR for a sample of 18 OECD countries. Our results support relatively the tendency of weak government consumption multipliers – particularly for the short-term multipliers – for the recent periods compared to previous ones, as suggested by some authors.

KEYWORDS:

• Government consumption
• fiscal shock
• structural innovations

JEL CLASSIFICATION:

• C32
• E62

Acknowledgments

I am very grateful to Cyriac Guillaumin for valuable comments and suggestions.

Disclosure statement

No potential conflict of interest was reported by the author(s).

Notes

¹ More details in El Mostafa Bentour (2022).