Government Spending Effects in Low-income Countries /

Despite the voluminous literature on fiscal policy, very few papers focus on low-income countries (LICs). This paper develops a new-Keynesian small open economy model to show, analytically and through simulations, that some of the prevalent features of LICs-different types of financing including aid...

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Autore principale: Shen, Wenyi
Altri autori: Yang, Susan, Zanna, Luis-Felipe
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2015.
Serie:IMF Working Papers; Working Paper ; No. 2015/286
Accesso online:Full text available on IMF