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...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Ganelli, Giovanni
अन्य लेखक: Tervala, Juha
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2016.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2016/040
ऑनलाइन पहुंच:Full text available on IMF