The Case for Global Fiscal Stimulus /
This paper presents simulations with a multicountry structural model to show that worldwide expansionary fiscal policy combined with accommodative monetary policy can have significant multiplier effects on the world economy. It also provides a framework for assessing the effects of fiscal actions ne...
Hlavní autor: | Lee, Jaewoo |
---|---|
Další autoři: | Freedman, Charles, Kumhof, Michael, Laxton, Douglas |
Médium: | Časopis |
Jazyk: | English |
Vydáno: |
Washington, D.C. :
International Monetary Fund,
2009.
|
Edice: | IMF Staff Position Notes; Staff Position Note ;
No. 2009/003 |
On-line přístup: | Full text available on IMF |
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