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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Detaylı Bibliyografya
Yazar: Mahfouz, Selma
Diğer Yazarlar: Hemming, Richard, Kell, Michael
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 2002.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 2002/208
Online Erişim:Full text available on IMF