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How Big (Small?) are Fiscal Multipliers?

How Big (Small?) are Fiscal Multipliers? »

Source: How Big (Small?) are Fiscal Multipliers?

Volume/Issue: 2011/52

Series: IMF Working Papers

Author(s): Ethan Ilzetzki , Enrique Mendoza , and Carlos Végh Gramont

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2011

ISBN: 9781455218028

Keywords: exchange rate, exchange rates, fiscal multipliers, government expenditure

We contribute to the intense debate on the real effects of fiscal stimuli by showing that the impact of government expenditure shocks depends crucially on key country characteristics, such as the level of developme...

How Big (Small?) are Fiscal Multipliers?

How Big (Small?) are Fiscal Multipliers? »

Volume/Issue: 2011/52

Series: IMF Working Papers

Author(s): Ethan Ilzetzki , Enrique Mendoza , and Carlos Végh Gramont

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2011

DOI: http://dx.doi.org/10.5089/9781455218028.001

ISBN: 9781455218028

Keywords: exchange rate, exchange rates, fiscal multipliers, government expenditure

We contribute to the intense debate on the real effects of fiscal stimuli by showing that the impact of government expenditure shocks depends crucially on key country characteristics, such as the level of developme...

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,...