Fiscal Stimulus with Spending Reversals /

The impact of fiscal stimulus depends not only on short-term tax and spending policies, but also on expectations about offsetting measures in the future. This paper analyzes the effects of an increase in government spending under a plausible debt-stabilizing policy that links current stimulus to a s...

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Bibliographic Details
Main Author: Muller, Gernot
Other Authors: Corsetti, Giancarlo, Meier, Andre
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2009.
Series:IMF Working Papers; Working Paper ; No. 2009/106
Online Access:Full text available on IMF