Estimating the Employment and GDP Multiplier of Emergency Cash Transfers in Brazil /

We estimate the subnational employment and GDP multiplier of Brazil's 2020 federal cash transfers to vulnerable households. Using two-stage least squares regressions we estimate a formal employment multiplier and then apply an analytical transformation to recover an implied GDP multiplier in th...

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Hlavní autor: Cunha, Daniel
Další autoři: Accioly Perrelli, Roberto, Pereira, Joana, Toscani, Frederik
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2022.
Edice:IMF Working Papers; Working Paper ; No. 2022/055
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On-line přístup:Full text available on IMF