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...
Autor principal: | Colombo, Emilio |
---|---|
Outros Autores: | Furceri, Davide, Pizzuto, Pietro, Tirelli, Patrizio |
Formato: | Periódico |
Idioma: | English |
Publicado em: |
Washington, D.C. :
International Monetary Fund,
2022.
|
coleção: | IMF Working Papers; Working Paper ;
No. 2022/082 |
Assuntos: | |
Acesso em linha: | Full text available on IMF |
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