Welfare multiplier of public investment

Seminar

Speaker

Juha Tervala, University of Helsinki, Finland

Venue

Other, please see description for details

Date

Wednesday, 4 December, 2019 - 11:00 to 12:00

In this seminar Juha Tervala will analyse the welfare multipliers of public spending — the consumption equivalent change in welfare for a one dollar change in public spending — in a DSGE model.The welfare multiplier of public investment depends crucially not only on the productivity (output elasticity) of public capital, as shown by earlier studies, but also on the depreciation rate of public capital and the efficiency of public investment defined as a fraction of public investment spending t

Find flyers, registration, and complete event details at https://crawford.anu.edu.au/news-events/events/15482/welfare-multiplier-public-investment

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