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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Abiad, Abdul
Weitere Verfasser: Furceri, Davide, Topalova, Petia
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2015.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2015/095
Online Zugang:Full text available on IMF