Medium-Term Fiscal Multipliers during Protracted Recessions /
The paper examines the consequences of fiscal consolidation in times of persistently low growth and high unemployment by estimating medium-term fiscal multipliers during protracted recessions (PR) in a sample of 17 OECD countries. Based on Jorda's (2005) local projection methodology, we find th...
| Hovedforfatter: | Dell'Erba, Salvatore |
|---|---|
| Andre forfattere: | Koloskova, Ksenia, Poplawski Ribeiro, Marcos |
| Format: | Tidsskrift |
| Sprog: | English |
| Udgivet: |
Washington, D.C. :
International Monetary Fund,
2014.
|
| Serier: | IMF Working Papers; Working Paper ;
No. 2014/213 |
| Online adgang: | Full text available on IMF |
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