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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Hlavní autor: Kumhof, Michael
Další autoři: Muir, Dirk, Resende, Carlos de, Veld, Jan in 't
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2010.
Edice:IMF Working Papers; Working Paper ; No. 2010/073
On-line přístup:Full text available on IMF