Browse Economics

Multipliers and Crowding Out

Fiscal terms for fiscal multipliers, balanced-budget multipliers, investment multipliers, multiplier effects, and crowding out.

This section covers multiplier concepts used to estimate how policy affects output, investment, and private-sector activity.

Use it to distinguish fiscal multipliers, investment multipliers, balanced-budget multipliers, general multiplier effects, and crowding out.

In this section

Revised on Monday, May 18, 2026