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...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Ganelli, Giovanni
مؤلفون آخرون: Tervala, Juha
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2016.
سلاسل:IMF Working Papers; Working Paper ; No. 2016/040
الوصول للمادة أونلاين:Full text available on IMF