The Impact of r-g on the Euro-Area Government Spending Multiplier /
We compute government spending multipliers for the Euro Area (EA) contingent on the interestgrowth differential, the so-called r-g. Whether the fiscal shock occurs when r-g is positive or negative matters for the size of the multiplier. Median estimates vary conditional on the specification, but the...
| Главный автор: | |
|---|---|
| Другие авторы: | , |
| Формат: | Журнал |
| Язык: | English |
| Опубликовано: |
Washington, D.C. :
International Monetary Fund,
2021.
|
| Серии: | IMF Working Papers; Working Paper ;
No. 2021/039 |
| Online-ссылка: | Full text available on IMF |