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...

全面介紹

書目詳細資料
主要作者: Ilzetzki, Ethan
其他作者: Mendoza, Enrique, Vegh Gramont, Carlos
格式: 雜誌
語言:English
出版: Washington, D.C. : International Monetary Fund, 2011.
叢編:IMF Working Papers; Working Paper ; No. 2011/052
在線閱讀:Full text available on IMF