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...
| मुख्य लेखक: | |
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| अन्य लेखक: | , |
| स्वरूप: | पत्रिका |
| भाषा: | English |
| प्रकाशित: |
Washington, D.C. :
International Monetary Fund,
2014.
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| श्रृंखला: | IMF Working Papers; Working Paper ;
No. 2014/213 |
| ऑनलाइन पहुंच: | Full text available on IMF |