Government Investment and Fiscal Stimulus /

Effects of government investment are studied in an estimated neoclassical growth model. The analysis focuses on two dimensions that are critical for understanding government investment as a fiscal stimulus: implementation delays for building public capital and expected fiscal adjustments to deficit-...

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Bibliographic Details
Main Author: Yang, Susan
Other Authors: Leeper, Eric, Walker, Todd
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2010.
Series:IMF Working Papers; Working Paper ; No. 2010/229
Online Access:Full text available on IMF