Do Fiscal Spillovers Matter?

Do Fiscal Spillovers Matter?
The paper assesses the impact of fiscal spillovers on growth in the context of a coordinated exit from crisis management policies. We find that despite potentially sizeable domestic effects from consolidation, aggregate negative spillovers to other countries are likely to be contained in 2011-2012 unless fiscal multipliers and/or imports... READ MORE...

Publication date: September 2011
ISBN 9781463902315
$18.00

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