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Government Spending Effects in Low-income Countries*

Government Spending Effects in Low-income Countries* »

Source: Government Spending Effects in Low-income Countries

Volume/Issue: 2015/286

Series: IMF Working Papers

Author(s): Wenyi Shen , Susan Yang , and Luis-Felipe Zanna

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 December 2015

ISBN: 9781513578972

Keywords: Fiscal Policy, Low-income Countries, Public Investment, Fiscal Multipliers, Small Open DSGE Models, Aid, investment, government spending, exchange rate, exchange

Despite the voluminous literature on fiscal policy, very few papers focus on low-income countries (LICs). This paper develops a new-Keynesian small open economy model to show, analytically and through simulations,...

Government Spending Effects in Low-income Countries

Government Spending Effects in Low-income Countries »

Volume/Issue: 2015/286

Series: IMF Working Papers

Author(s): Wenyi Shen , Susan Yang , and Luis-Felipe Zanna

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 December 2015

DOI: http://dx.doi.org/10.5089/9781513578972.001

ISBN: 9781513578972

Keywords: Fiscal Policy, Low-income Countries, Public Investment, Fiscal Multipliers, Small Open DSGE Models, Aid, investment, government spending, exchange rate, exchange

Despite the voluminous literature on fiscal policy, very few papers focus on low-income countries (LICs). This paper develops a new-Keynesian small open economy model to show, analytically and through simulations,...