Fiscal Policy Effectiveness in a Small Open Economy : Estimates of Tax and Spending Multipliers in Paraguay /

This paper presents estimates of fiscal multipliers in Paraguay following different econometric techniques and identification approaches. The results point to multipliers for capital expenditure that are substantially higher than multipliers for current expenditure. In addition, the evidence suggest...

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Detalhes bibliográficos
Autor principal: David, Antonio
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2017.
coleção:IMF Working Papers; Working Paper ; No. 2017/063
Acesso em linha:Full text available on IMF