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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Mahfouz, Selma
Rannpháirtithe: Hemming, Richard, Kell, Michael
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2002.
Sraith:IMF Working Papers; Working Paper ; No. 2002/208
Rochtain ar líne:Full text available on IMF