NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Simple Analytics of the Government Expenditure Multiplier

Michael Woodford

NBER Working Paper No. 15714
Issued in January 2010

---- Acknowledgements -----

Prepared for the session "Fiscal Stabilization Policy" at the meetings of the Allied Social Science Associations, Atlanta, Georgia, January 3-5, 2010. I would like to thank Marco Bassetto, Pierpaolo Benigno, Sergio de Ferra, Gauti Eggertsson, Marty Eichenbaum, Bob Gordon, Bob Hall, John Taylor and Volker Wieland for helpful discussions, Dmitriy Sergeyev and Luminita Stevens for research assistance, and the National Science Foundation for research support under grant SES-0820438. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.

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