Fiscal Policy Multipliers in Small States /

Government debt in many small states has risen beyond sustainable levels and some governments are considering fiscal consolidation. This paper estimates fiscal policy multipliers for small states using two distinct models: an empirical forecast error model with data from 23 small states across the w...

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Bibliographic Details
Main Author: Alichi, Ali
Other Authors: Shibata, Ippei, Tanyeri, Kadir
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2019.
Series:IMF Working Papers; Working Paper ; No. 2019/072
Online Access:Full text available on IMF