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Government Investment and Fiscal Stimulus*

Government Investment and Fiscal Stimulus* »

Source: Government Investment and Fiscal Stimulus

Volume/Issue: 2010/229

Series: IMF Working Papers

Author(s): Susan Yang , Todd Walker , and Eric Leeper

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2010

ISBN: 9781455208944

Keywords: government investment, implementation delays, DGSE Bayesian Estimation, government spending, fiscal adjustments, tax rates,

Effects of government investment are studied in an estimated neoclassical growth model. The analysis focuses on two dimensions that are critical for understanding government investment as a fiscal stimulus: impleme...

Government Investment and Fiscal Stimulus

Government Investment and Fiscal Stimulus »

Volume/Issue: 2010/229

Series: IMF Working Papers

Author(s): Susan Yang , Todd Walker , and Eric Leeper

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2010

DOI: http://dx.doi.org/10.5089/9781455208944.001

ISBN: 9781455208944

Keywords: government investment, implementation delays, DGSE Bayesian Estimation, government spending, fiscal adjustments, tax rates,

Effects of government investment are studied in an estimated neoclassical growth model. The analysis focuses on two dimensions that are critical for understanding government investment as a fiscal stimulus: impleme...