Estimating Fiscal Multipliers with Correlated Heterogeneity /

We estimate the average fiscal multiplier, allowing multipliers to be heterogeneous across countries or over time and correlated with the size of government spending. We demonstrate that this form of nonseparable unobserved heterogeneity is empirically relevant and address it by estimating a correla...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Kitsios, Emmanouil
مؤلفون آخرون: Patnam, Manasa
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2016.
سلاسل:IMF Working Papers; Working Paper ; No. 2016/013
الوصول للمادة أونلاين:Full text available on IMF