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...

Volledige beschrijving

Bibliografische gegevens
Hoofdauteur: Colombo, Emilio
Andere auteurs: Furceri, Davide, Pizzuto, Pietro, Tirelli, Patrizio
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2022.
Reeks:IMF Working Papers; Working Paper ; No. 2022/082
Onderwerpen:
Online toegang:Full text available on IMF