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...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Ilzetzki, Ethan
Awduron Eraill: Mendoza, Enrique, Vegh Gramont, Carlos
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2011.
Cyfres:IMF Working Papers; Working Paper ; No. 2011/052
Mynediad Ar-lein:Full text available on IMF