A Simple Method to Compute Fiscal Multipliers /

Fiscal multipliers are important tools for macroeconomic projections and policy design. In many countries, little is known about the size of multipliers, as data availability limits the scope for empirical research. For these countries, we propose a simple method-dubbed the 'bucket approach...

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Бібліографічні деталі
Автор: Batini, Nicoletta
Інші автори: Eyraud, Luc, Weber, Anke
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2014.
Серія:IMF Working Papers; Working Paper ; No. 2014/093
Онлайн доступ:Full text available on IMF
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245 1 2 |a A Simple Method to Compute Fiscal Multipliers /  |c Nicoletta Batini, Luc Eyraud, Anke Weber. 
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490 1 |a IMF Working Papers 
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520 3 |a Fiscal multipliers are important tools for macroeconomic projections and policy design. In many countries, little is known about the size of multipliers, as data availability limits the scope for empirical research. For these countries, we propose a simple method-dubbed the 'bucket approach'-to come up with reasonable multiplier estimates. The approach bunches countries into groups (or 'buckets') with similar multiplier values, based on their characteristics. It also takes into account the effect of some temporary factors, such as the state of the business cycle. 
538 |a Mode of access: Internet 
700 1 |a Eyraud, Luc. 
700 1 |a Weber, Anke. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2014/093 
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