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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Bibliografske podrobnosti
Glavni avtor: Ilzetzki, Ethan
Drugi avtorji: Mendoza, Enrique, Vegh Gramont, Carlos
Format: Revija
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2011.
Serija:IMF Working Papers; Working Paper ; No. 2011/052
Online dostop:Full text available on IMF