The Effectiveness of Fiscal Policy in Stimulating Economic Activity : A Review of the Literature /

This paper reviews the theoretical and empirical literature on the effectiveness of fiscal policy. The focus is on the size of fiscal multipliers, and on the possibility that multipliers can turn negative (i.e., that fiscal contractions can be expansionary). The paper concludes that fiscal multiplie...

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Dades bibliogràfiques
Autor principal: Mahfouz, Selma
Altres autors: Hemming, Richard, Kell, Michael
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2002.
Col·lecció:IMF Working Papers; Working Paper ; No. 2002/208
Accés en línia:Full text available on IMF
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245 1 4 |a The Effectiveness of Fiscal Policy in Stimulating Economic Activity :   |b A Review of the Literature /  |c Selma Mahfouz, Richard Hemming, Michael Kell. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2002. 
300 |a 1 online resource (52 pages) 
490 1 |a IMF Working Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
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520 3 |a This paper reviews the theoretical and empirical literature on the effectiveness of fiscal policy. The focus is on the size of fiscal multipliers, and on the possibility that multipliers can turn negative (i.e., that fiscal contractions can be expansionary). The paper concludes that fiscal multipliers are overwhelmingly positive but small. However, there is some evidence of negative fiscal multipliers. 
538 |a Mode of access: Internet 
700 1 |a Hemming, Richard. 
700 1 |a Kell, Michael. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2002/208 
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