The Macroeconomic Effects of Public Investment : Evidence from Advanced Economies /

This paper provides new evidence of the macroeconomic effects of public investment in advanced economies. Using public investment forecast errors to identify the causal effect of government investment in a sample of 17 OECD economies since 1985 and model simulations, the paper finds that increased p...

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Autor principal: Abiad, Abdul
Altres autors: Furceri, Davide, Topalova, Petia
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2015.
Col·lecció:IMF Working Papers; Working Paper ; No. 2015/095
Accés en línia:Full text available on IMF