How Strong are Fiscal Multipliers in the GCC? /

The effectiveness of fiscal policy in smoothing the impact of shocks depends critically on the size of fiscal multipliers. This is particularly relevant for the GCC countries given the need for fiscal policy to cushion the economy from large terms of trade shocks in the absence of an independent mon...

Descrición completa

Detalles Bibliográficos
Autor Principal: Espinoza, Raphael
Outros autores: Senhadji, Abdelhak
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2011.
Series:IMF Working Papers; Working Paper ; No. 2011/061
Acceso en liña:Full text available on IMF