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...

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Détails bibliographiques
Auteur principal: Lee, Jaewoo
Autres auteurs: Freedman, Charles, Kumhof, Michael, Laxton, Douglas
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2009.
Collection:IMF Staff Position Notes; Staff Position Note ; No. 2009/003
Accès en ligne:Full text available on IMF