The Growth and Stabilization Properties of Fiscal Policy in Malaysia /

This paper examines the size of the fiscal multiplier values generated in Malaysia. The results show that a government spending shock leads to broad positive economic effects. Although, the effectiveness of fiscal policy alters across macroeconomic states. The estimates show that since the Asian fin...

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Détails bibliographiques
Auteur principal: Rafiq, Sohrab
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2013.
Collection:IMF Working Papers; Working Paper ; No. 2013/149
Accès en ligne:Full text available on IMF
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520 3 |a This paper examines the size of the fiscal multiplier values generated in Malaysia. The results show that a government spending shock leads to broad positive economic effects. Although, the effectiveness of fiscal policy alters across macroeconomic states. The estimates show that since the Asian financial crisis the medium- and long-run effect of fiscal policy spending has declined. Some of this is down to greater credit availability and less investment spending. 
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