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Empirical Estimation of Fiscal Multipliers in MENA Oil-Exporting Countries with an Application to Algeria

Empirical Estimation of Fiscal Multipliers in MENA Oil-Exporting Countries with an Application to Algeria »

Source: Empirical Estimation of Fiscal Multipliers in MENA Oil-Exporting Countries with an Application to Algeria

Volume/Issue: 2018/124

Series: IMF Working Papers

Author(s): Maria Elkhdari , Moez Souissi , and Andrew Jewell

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 31 May 2018

ISBN: 9781484357972

Keywords: Algeria, Middle East, Fiscal policy; State-dependent multipliers; Output gap; Spending direction; Algeria; Structural Vector Autoregressive Model; Local Projection Methodology, Fiscal policy, State-dependent multipliers, Output gap, Spending direction, Structural Vector Autoregressive Model, Local Projection Methodology, Model Construction and Estimation

At a time when Algeria must undertake considerable fiscal consolidation to restore sustainability, the issue of fiscal multipliers has come to the fore. This paper estimates short-term and long-term fiscal multipli...

Empirical Estimation of Fiscal Multipliers in MENA Oil-Exporting Countries with an Application to Algeria

Empirical Estimation of Fiscal Multipliers in MENA Oil-Exporting Countries with an Application to Algeria »

Volume/Issue: 2018/124

Series: IMF Working Papers

Author(s): Maria Elkhdari , Moez Souissi , and Andrew Jewell

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 31 May 2018

DOI: http://dx.doi.org/10.5089/9781484357972.001

ISBN: 9781484357972

Keywords: Algeria, Middle East, Fiscal policy; State-dependent multipliers; Output gap; Spending direction; Algeria; Structural Vector Autoregressive Model; Local Projection Methodology, Fiscal policy, State-dependent multipliers, Output gap, Spending direction, Structural Vector Autoregressive Model, Local Projection Methodology, Model Construction and Estimation

At a time when Algeria must undertake considerable fiscal consolidation to restore sustainability, the issue of fiscal multipliers has come to the fore. This paper estimates short-term and long-term fiscal multipli...