Is the Public Investment Multiplier Higher in Developing Countries? : An Empirical Exploration /

Over the last decade, empirical studies analyzing macroeconomic conditions that may affect the size of government spending multipliers have flourished. Yet, in spite of their obvious public policy importance, little is known about public investment multipliers. In particular, the clear theoretical i...

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Bibliographic Details
Main Author: Izquierdo, Alejandro
Other Authors: Lama, Ruy, Medina, Juan, Puig, Jorge
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2019.
Series:IMF Working Papers; Working Paper ; No. 2019/289
Online Access:Full text available on IMF