Series: IMF Working Papers
Author(s): Abdul Abiad , Davide Furceri , and Petia Topalova
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 04 May 2015
Keywords: Growth, Debt, investment, private investment, capital, Demand and Supply, Energy and the Macroeconomy, Government Policy, Debt.,
This paper provides new evidence of the macroeconomic effects of public investment in advanced economies. Using public investment forecast errors to identify the causal effect of government investment in a sample o...