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...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Colombo, Emilio
Muut tekijät: Furceri, Davide, Pizzuto, Pietro, Tirelli, Patrizio
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2022.
Sarja:IMF Working Papers; Working Paper ; No. 2022/082
Aiheet:
Linkit:Full text available on IMF