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...

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Xehetasun bibliografikoak
Egile nagusia: Ilzetzki, Ethan
Beste egile batzuk: Mendoza, Enrique, Vegh Gramont, Carlos
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2011.
Saila:IMF Working Papers; Working Paper ; No. 2011/052
Sarrera elektronikoa:Full text available on IMF

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