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http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/88723 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/88723 http://eprints.org/relation/issmallThumbnailVersionOf https://pure.iiasa.ac.at/id/document/88723 archive 2 disk0/00/01/61/49 2019-11-05 12:46:02 2021-08-27 17:32:19 2019-11-05 12:46:02 other show 1 Capek J. Crespo Cuaresma J. 1838 pub iis_pop prog_pop fiscal multiplier, structural VAR, meta-analysis We analyse the role played by data and specification choices as determinants of the size of the fiscal multipliers obtained using structural vector autoregressive models. The results, based on over twenty million fiscal multiplier estimated for European countries, indicate that many seemingly harmless modelling choices have a significant effect on the size and precision of fiscal multiplier estimates. In addition to the structural shock identification strategy, these modelling choices include the definition of spending and taxes, the national accounts system employed, the use of particular interest rates or inflation measures, or whether data are smoothed prior to estimation. 2018 published Department of Economics, University of Economics and Business, Vienna. https://epub.wu.ac.at/6451/ XO-14-043 Available at <www.oeaw.ac.at/vid/download/WP2014_04.pdf> 58 public FALSE info:eu-repo/semantics/other