Assessing fiscal multipliers in times of crisis: evidence from selected CEE countries.

Empir Econ · 2023 · PMC10041493 · PMID 37361955

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Romania and Bulgaria deployed relatively lower fiscal packages, of 3.1% of GDP and 5% of GDP, respectively; however, given the increase in fiscal multipliers in recent years in these countries, the impact of the measures on the real economy is likely to be significant.

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