Do Fiscal Spillovers Matter? /

The paper assesses the impact of fiscal spillovers on growth in the context of a coordinated exit from crisis management policies. We find that despite potentially sizeable domestic effects from consolidation, aggregate negative spillovers to other countries are likely to be contained in 2011-2012 u...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Weber, Sebastian
مؤلفون آخرون: Ivanova, Anna
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2011.
سلاسل:IMF Working Papers; Working Paper ; No. 2011/211
الوصول للمادة أونلاين:Full text available on IMF
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245 1 0 |a Do Fiscal Spillovers Matter? /  |c Sebastian Weber, Anna Ivanova. 
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490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
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506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a The paper assesses the impact of fiscal spillovers on growth in the context of a coordinated exit from crisis management policies. We find that despite potentially sizeable domestic effects from consolidation, aggregate negative spillovers to other countries are likely to be contained in 2011-2012 unless fiscal multipliers and/or imports elasticities are very large. Small and open European economies, however, will be substantially affected in any case. In contrast, the coordinated exit from fiscal stimulus will have limited direct effect on European peripheral countries since they are relatively closed, with the notable exception of Ireland. 
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700 1 |a Ivanova, Anna. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2011/211 
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