(Not) Dancing Together : Monetary Policy Stance and the Government Spending Multiplier /
This paper provides estimates of the government spending multiplier over the monetary policy cycle. We identify government spending shocks as forecast errors of the growth rate of government spending from the Survey of Professional Forecasters (SPF) and from the Greenbook record. The state of moneta...
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Formato: | Periódico |
Idioma: | English |
Publicado em: |
Washington, D.C. :
International Monetary Fund,
2015.
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Colecção: | IMF Working Papers; Working Paper ;
No. 2015/114 |
Acesso em linha: | Full text available on IMF |