Non-Linearities in Fiscal Policy : The Role of Debt /
Empirical evidence shows that fiscal multipliers depend on the state of the cycle, the nature of fiscal policy and the level of debt. In other words, evidence points to non-linearities in the effects of fiscal policy. This paper provides a framework to examine the role of the level of government deb...
| Autor principal: | |
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| Formato: | Periódico |
| Idioma: | English |
| Publicado em: |
Washington, D.C. :
International Monetary Fund,
2020.
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| coleção: | IMF Working Papers; Working Paper ;
No. 2020/246 |
| Acesso em linha: | Full text available on IMF |