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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Mahfouz, Selma
Weitere Verfasser: Hemming, Richard, Kell, Michael
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2002.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2002/208
Online Zugang:Full text available on IMF