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...

Deskribapen osoa

Xehetasun bibliografikoak
Egile nagusia: Mahfouz, Selma
Beste egile batzuk: Hemming, Richard, Kell, Michael
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2002.
Saila:IMF Working Papers; Working Paper ; No. 2002/208
Sarrera elektronikoa:Full text available on IMF