multiplier
In Keynesian macroeconomic models, the ratio of the change in an endogenous variable to the change in an exogenous variable. Usually means the multiplier for government spending on income. In the simplest Keynesian model of a closed economy, this is 1/s, where s is the Marginal propensity to save. See open economy multiplier.
Browse by Subjects
undated bond
Buy to close
YTD
discretion
IMA