How Big (Small?) Are Fiscal Multipliers?

How Big (Small?) Are Fiscal Multipliers?
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 country characteristics, such as the level of development, exchange rate regime, openness to trade, and public indebtedness. Based on a novel quarterly dataset of government expenditure in 44 READ MORE...

Publication date: March 2011
ISBN 9781455218028
$18.00

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