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Medium-Term Fiscal Multipliers during Protracted Recessions

Medium-Term Fiscal Multipliers during Protracted Recessions »

Volume/Issue: 2014/213

Series: IMF Working Papers

Author(s): Salvatore Dell'Erba , Marcos Poplawski-Ribeiro , and Ksenia Koloskova

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 December 2014

DOI: http://dx.doi.org/10.5089/9781498336192.001

ISBN: 9781498336192

Keywords: fiscal consolidations, cumulative multipliers, labour market, protracted recessions, consolidations, consolidation, recessions, economy, business cycle, General,

The paper examines the consequences of fiscal consolidation in times of persistently low growth and high unemployment by estimating medium-term fiscal multipliers during protracted recessions (PR) in a sample of 17...

Medium-Term Fiscal Multipliers during Protracted Recessions*

Medium-Term Fiscal Multipliers during Protracted Recessions* »

Source: Medium-Term Fiscal Multipliers during Protracted Recessions

Volume/Issue: 2014/213

Series: IMF Working Papers

Author(s): Salvatore Dell'Erba , Marcos Poplawski-Ribeiro , and Ksenia Koloskova

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 December 2014

ISBN: 9781498336192

Keywords: fiscal consolidations, cumulative multipliers, labour market, protracted recessions, consolidations, consolidation, recessions, economy, business cycle, General,

The paper examines the consequences of fiscal consolidation in times of persistently low growth and high unemployment by estimating medium-term fiscal multipliers during protracted recessions (PR) in a sample of 17...