Oireachtas Joint and Select Committees

Tuesday, 8 October 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Macroeconomic Forecasting: Discussion with Department of Finance

7:40 pm

Mr. John McCarthy:

It would not be unreasonable to assume a higher than average multiplier if that was the consolidation or stimulus instrument chosen. It would be higher than the 0.5% central estimate I mentioned before. That is not an unreasonable assumption.