Exploring the Output Effect of Fiscal Policy Shocks in Low Income Countries

Exploring the Output Effect of Fiscal Policy Shocks in Low Income Countries
What do we know about the output effects of fiscal policy in low income countries (LICs)? There are very few empirical studies on the subject. This paper fills this gap by estimating the output effects of government spending shocks in LICs. Our analysis—based on the local projection method—finds that the output effects in LICs are markedly lower... READ MORE...

Publication date: January 2020
ISBN 9781513526034
$18.00

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