The Welfare Multiplier of Public Infrastructure Investment /

We analyze the welfare multipliers of public spending (the consumption equivalent change in welfare for one dollar change in public spending) in a DSGE model. The welfare multipliers of public infrastructure investment are positive if infrastructure is sufficiently effective. When the medium-term ou...

Полное описание

Библиографические подробности
Главный автор: Ganelli, Giovanni
Другие авторы: Tervala, Juha
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2016.
Серии:IMF Working Papers; Working Paper ; No. 2016/040
Online-ссылка:Full text available on IMF

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