Assessing The Impact Of Fiscal Shocks On Output In MENAP Countries

Assessing The Impact Of Fiscal Shocks On Output In MENAP Countries
This note is a reference guide to the econometric work on fiscal multipliers for MENAP countries. Spending and tax multipliers are estimated from conventional VAR models and identified using a sign-restrictions approach. Estimates show that fiscal multipliers tend to be small, except for those associated with government investment spending,... READ MORE...

Publication date: March 2015
ISBN 9781498383905
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