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...
| 主要作者: | |
|---|---|
| 其他作者: | |
| 格式: | 杂志 |
| 语言: | English |
| 出版: |
Washington, D.C. :
International Monetary Fund,
2016.
|
| 丛编: | IMF Working Papers; Working Paper ;
No. 2016/040 |
| 在线阅读: | Full text available on IMF |