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...
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Övriga upphovsmän: | , |
Materialtyp: | Tidskrift |
Språk: | English |
Publicerad: |
Washington, D.C. :
International Monetary Fund,
2021.
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Serie: | IMF Working Papers; Working Paper ;
No. 2021/039 |
Länkar: | Full text available on IMF |