How Strong Are Fiscal Multipliers in the GCC? An Empirical Investigation

How Strong Are Fiscal Multipliers in the GCC? An Empirical Investigation
The effectiveness of fiscal policy in smoothing the impact of shocks depends critically on the size of fiscal multipliers. This is particularly relevant for the GCC countries given the need for fiscal policy to cushion the economy from large terms of trade shocks in the absence of an independent monetary policy and where fiscal multipliers could... READ MORE...

Publication date: March 2011
ISBN 9781455221059
$18.00

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