Keynesian Multiplier
The Keynesian multiplier is how much equilibrium output changes for a one-unit change in autonomous spending, set by the marginal propensity to consume and leakages (tax, imports).
Definition
Keynesian Multiplier refers to unit change in autonomous spending, set by the marginal propensity to consume and leakages (tax, imports). Keep that definition fixed when comparing series, managers, or regimes — renaming the same tape does not create a new signal.
Why it matters
It is a named object desks use to frame risk, positioning, or process. When unit change in autonomous spending, set by the marginal propensity to consume and leakages (tax, imports) shifts, related hedges, limits, and narratives usually need an explicit update rather than a quiet assumption.
Case
Suppose a desk is positioned for the opposite of what keynesian multiplier is saying. If unit change in autonomous spending, set by the marginal propensity to consume and leakages (tax, imports) moves against that book, the first question is not “is the story clever?” but whether size, hedges, and stop logic still match the observation.
How to read it
Keep the definition fixed, then challenge it with cross-checks before sizing. Prefer a short written null hypothesis for Keynesian Multiplier: what would falsify the current reading in the next window?
Ask the macro AI about this object
Opens Copilot with Codex + RAG context, or send the object into Alpha Factory intake.