Australia : Selected Issues.
This paper analyzes likely effectiveness of the fiscal policy in supporting aggregate demand in Australia. The simulation analysis illustrates that the type of fiscal measure and the underlying behavioral responses have an important impact on the magnitude of fiscal multipliers. The Global Integrate...
Údar corparáideach: | |
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Formáid: | IRIS |
Teanga: | English |
Foilsithe / Cruthaithe: |
Washington, D.C. :
International Monetary Fund,
2009.
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Sraith: | IMF Staff Country Reports; Country Report ;
No. 2009/249 |
Rochtain ar líne: | Full text available on IMF |
Achoimre: | This paper analyzes likely effectiveness of the fiscal policy in supporting aggregate demand in Australia. The simulation analysis illustrates that the type of fiscal measure and the underlying behavioral responses have an important impact on the magnitude of fiscal multipliers. The Global Integrated Monetary and Fiscal Model simulations also suggest that the cumulative impact after five years could be close to 10 percentage points of GDP for the announced stimulus measures that cumulate to almost 8 percentage points of GDP. |
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Cur síos ar an mír: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
Cur síos fisiciúil: | 1 online resource (36 pages) |
Formáid: | Mode of access: Internet |
ISSN: | 1934-7685 |
Rochtain: | Electronic access restricted to authorized BRAC University faculty, staff and students |