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...
| 第一著者: | |
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| その他の著者: | , |
| フォーマット: | 雑誌 |
| 言語: | English |
| 出版事項: |
Washington, D.C. :
International Monetary Fund,
2014.
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| シリーズ: | IMF Working Papers; Working Paper ;
No. 2014/213 |
| オンライン･アクセス: | Full text available on IMF |