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|z 9781484359914
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a Gonzalez-Garcia, Jesus.
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|a Fiscal Multipliers in the ECCU /
|c Jesus Gonzalez-Garcia, Antonio Lemus, Mico Mrkaic.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2013.
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|a 1 online resource (17 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a The multipliers of taxes, and government consumption and investment expenditure for the Eastern Caribbean Currency Union (ECCU) are estimated using vector autoregression models with panel data. The impact and long-run multipliers are below unity, suggesting that a great extent of the intended impulse ends up expanding imported demand. The long-run multipliers of taxes and consumption expenditure are non-different from zero statistically, while public investment has a long-run multiplier of 0.6. The results suggest that countercyclical policies to stimulate growth should focus on public investment.
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|a Mode of access: Internet
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|a Lemus, Antonio.
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|a Mrkaic, Mico.
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|a IMF Working Papers; Working Paper ;
|v No. 2013/117
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2013/117/001.2013.issue-117-en.xml
|z IMF e-Library
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