Fiscal Multipliers for Brazil /

We find historical fiscal multipliers for Brazil around 0.5, larger than what existing literature typically identifies for the average emerging market. However, spending and public credit multipliers seem to have dropped to near zero since the global financial crisis, as the estimate for the whole s...

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Bibliographic Details
Main Author: Matheson, Troy
Other Authors: Pereira, Joana
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2016.
Series:IMF Working Papers; Working Paper ; No. 2016/079
Online Access:Full text available on IMF