The Fiscal Multiplier In Small Open Economy
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Language: en
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Type: BOOK - Published: 2016-07-12 - Publisher: International Monetary Fund
This paper studies the fiscal multiplier using a small-open-economy DSGE model enriched with financial frictions. It shows that the multiplier is large when fri
Language: en
Pages: 68
Pages: 68
Type: BOOK - Published: 2011-03-01 - Publisher: International Monetary Fund
We contribute to the intense debate on the real effects of fiscal stimuli by showing that the impact of government expenditure shocks depends crucially on key c
Language: en
Pages: 29
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Type: BOOK - Published: 2017-03-22 - Publisher: International Monetary Fund
This paper presents estimates of fiscal multipliers in Paraguay following different econometric techniques and identification approaches. The results point to m
Language: en
Pages: 62
Pages: 62
Type: BOOK - Published: 2002-12 - Publisher: International Monetary Fund
This paper reviews the theoretical and empirical literature on the effectiveness of fiscal policy. The focus is on the size of fiscal multipliers, and on the po
Language: en
Pages: 596
Pages: 596
Type: BOOK - Published: 2013-06-25 - Publisher: University of Chicago Press
The recent recession has brought fiscal policy back to the forefront, with economists and policy makers struggling to reach a consensus on highly political issu
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