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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Ilzetzki, Ethan
Rannpháirtithe: Mendoza, Enrique, Vegh Gramont, Carlos
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2011.
Sraith:IMF Working Papers; Working Paper ; No. 2011/052
Rochtain ar líne:Full text available on IMF