Effects of Fiscal Stimulus in Structural Models /

The paper assesses, using seven structural models used heavily by policymaking institutions, the effectiveness of temporary fiscal stimulus. Models can, more easily than empirical studies, account for differences between fiscal instruments, for differences between structural characteristics of the e...

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Autor principal: Kumhof, Michael
Altres autors: Muir, Dirk, Resende, Carlos de, Veld, Jan in 't
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2010.
Col·lecció:IMF Working Papers; Working Paper ; No. 2010/073
Accés en línia:Full text available on IMF