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...

Szczegółowa specyfikacja

Opis bibliograficzny
1. autor: Ilzetzki, Ethan
Kolejni autorzy: Mendoza, Enrique, Vegh Gramont, Carlos
Format: Czasopismo
Język:English
Wydane: Washington, D.C. : International Monetary Fund, 2011.
Seria:IMF Working Papers; Working Paper ; No. 2011/052
Dostęp online:Full text available on IMF