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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Библиографические подробности
Главный автор: Lee, Jaewoo
Другие авторы: Freedman, Charles, Kumhof, Michael, Laxton, Douglas
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2009.
Серии:IMF Staff Position Notes; Staff Position Note ; No. 2009/003
Online-ссылка:Full text available on IMF