How Big (Small?) are Fiscal Multipliers? /
We contribute to the intense debate on the real effects of fiscal stimuli by showing that the impact of government expenditure shocks depends crucially on key country characteristics, such as the level of development, exchange rate regime, openness to trade, and public indebtedness. Based on a novel...
1. autor: | |
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Kolejni autorzy: | , |
Format: | Czasopismo |
Język: | English |
Wydane: |
Washington, D.C. :
International Monetary Fund,
2011.
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Seria: | IMF Working Papers; Working Paper ;
No. 2011/052 |
Dostęp online: | Full text available on IMF |