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What Determines Government  Spending Multipliers?

What Determines Government Spending Multipliers? »

Source: What Determines Government Spending Multipliers?

Volume/Issue: 2012/150

Series: IMF Working Papers

Author(s): Gernot Müller , Andre Meier , and Giancarlo Corsetti

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2012

ISBN: 9781475504217

Keywords: Multiplier, public finances, exchange rate regime, exchange rate, real exchange rate, Open Economy Macroeconomics,

This paper studies how the effects of government spending vary with the economic environment. Using a panel of OECD countries, we identify fiscal shocks as residuals from an estimated spending rule and trace their...

Why Is China Growing So Fast?

Why Is China Growing So Fast? »

Source: IMF Staff papers : Volume 44 No. 1

Volume: 44

Series: IMF Staff Papers

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1997

ISBN: 9781451957112

Keywords: labor market, unemployment rate, labor market policies, unemployment benefits, unemployed

This paper argues that an important group of labor market policies are complementary in the sense that the effect of each policy is greater when implemented in conjunction with the other policies than in isolation....