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...

Descrición completa

Detalles Bibliográficos
Autor Principal: Colombo, Emilio
Outros autores: Furceri, Davide, Pizzuto, Pietro, Tirelli, Patrizio
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2022.
Series:IMF Working Papers; Working Paper ; No. 2022/082
Subjects:
Acceso en liña:Full text available on IMF