Fiscal Multipliers : Size, Determinants, and Use in Macroeconomic Projections /

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. This note provides general guidance on the definition, measurement, and use of fisca...

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প্রধান লেখক: Batini, Nicoletta
অন্যান্য লেখক: Eyraud, Luc, Forni, Lorenzo, Weber, Anke
বিন্যাস: পত্রিকা
ভাষা:English
প্রকাশিত: Washington, D.C. : International Monetary Fund, 2014.
মালা:Technical Notes and Manuals; Technical Notes and Manuals ; No. 2014/004
অনলাইন ব্যবহার করুন:Full text available on IMF
বিবরন
সংক্ষিপ্ত: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. This note provides general guidance on the definition, measurement, and use of fiscal multipliers. It reviews the literature related to their size, persistence and determinants. For countries where no reliable estimate is available, the note proposes a simple method to come up with reasonable values. Finally, the note presents options to incorporate multipliers in macroeconomic forecasts.
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দৈহিক বর্ননা:1 online resource (33 pages)
বিন্যাস:Mode of access: Internet
আইএসএসএন:2075-8669
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