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...

詳細記述

書誌詳細
第一著者: Ilzetzki, Ethan
その他の著者: Mendoza, Enrique, Vegh Gramont, Carlos
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2011.
シリーズ:IMF Working Papers; Working Paper ; No. 2011/052
オンライン・アクセス:Full text available on IMF