Fiscal Stimulus to the Rescue? : Short-Run Benefits and Potential Long-Run Costs of Fiscal Deficits /

This paper uses the IMF's Global Integrated Monetary and Fiscal Model to compute shortrun multipliers of fiscal stimulus measures and long-run crowding-out effects of higher debt. Multipliers of two-year stimulus range from 0.2 to 2.2 depending on the fiscal instrument, the extent of monetary a...

詳細記述

書誌詳細
第一著者: Laxton, Douglas
その他の著者: Kumhof, Michael, Muir, Dirk, Mursula, Susanna
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2009.
シリーズ:IMF Working Papers; Working Paper ; No. 2009/255
オンライン・アクセス:Full text available on IMF