Fiscal Multipliers and Informality /

Fiscal Multipliers and Informality /

This paper investigates the role of informality in affecting the magnitude of the fiscal multiplier in a panel of 141 countries, using the local projections method. We find a strong negative relationship between the degree of informality and the size of the fiscal multiplier. This result holds irres...

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Bibliografiske detaljer
Hovedforfatter:	Colombo, Emilio
Andre forfattere:	Furceri, Davide, Pizzuto, Pietro, Tirelli, Patrizio
Format:	Tidsskrift
Sprog:	English
Udgivet:	Washington, D.C. : International Monetary Fund, 2022.
Serier:	IMF Working Papers; Working Paper ; No. 2022/082
Fag:	Fiscal Policies and Behavior of Economic Agents Informal Economy National Government Expenditures and Related Policies Time-Series Models Underground Econom
Online adgang:	Full text available on IMF

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