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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Lee, Jaewoo
Weitere Verfasser: Freedman, Charles, Kumhof, Michael, Laxton, Douglas
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2009.
Schriftenreihe:IMF Staff Position Notes; Staff Position Note ; No. 2009/003
Online Zugang:Full text available on IMF