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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Bibliografiska uppgifter
Huvudupphovsman: Colombo, Emilio
Övriga upphovsmän: Furceri, Davide, Pizzuto, Pietro, Tirelli, Patrizio
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2022.
Serie:IMF Working Papers; Working Paper ; No. 2022/082
Ämnen:
Länkar:Full text available on IMF