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Successful Austerity in the United States, Europe and Japan1

Successful Austerity in the United States, Europe and Japan1 »

Source: Successful Austerity in the United States, Europe and Japan

Volume/Issue: 2012/190

Series: IMF Working Papers

Author(s): Giovanni Callegari , Giovanni Melina , and Nicoletta Batini

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2012

ISBN: 9781475505382

Keywords: fiscal multipliers, growth-friendly fiscal policy, government spending, fiscal shocks, Open Economy Macroeconomics, Fiscal Policies and Behavior of Economic Agents: General,

The output effects of 2009 fiscal expansions have been hotly debated. But the discussion of fiscal multipliers is even more relevant now that several European countries have had to quickly retract their stimulus me...

Fiscal Policy and Economic Activity During Recessions in Advanced Economies1

Fiscal Policy and Economic Activity During Recessions in Advanced Economies1 »

Source: Fiscal Policy and Economic Activity During Recessions in Advanced Economies

Volume/Issue: 2002/87

Series: IMF Working Papers

Author(s): Axel Schimmelpfennig , Selma Mahfouz , and Richard Hemming

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2002

ISBN: 9781451851038

Keywords: fiscal response, economic activity, fiscal multipliers, recession, fiscal expansions, fiscal contractions, Studies of Particular Policy Episodes, Fiscal Policies and Behavior of Economic Agents: General,

Using data for advanced economies, this paper investigates whether factors identified in the theoretical and empirical literature explain the effectiveness of fiscal policy in responding to recessions. The results...

Successful Austerity in the United States, Europe and Japan

Successful Austerity in the United States, Europe and Japan »

Volume/Issue: 2012/190

Series: IMF Working Papers

Author(s): Giovanni Callegari , Giovanni Melina , and Nicoletta Batini

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2012

DOI: http://dx.doi.org/10.5089/9781475505382.001

ISBN: 9781475505382

Keywords: fiscal multipliers, growth-friendly fiscal policy, government spending, fiscal shocks, Open Economy Macroeconomics, Fiscal Policies and Behavior of Economic Agents: General,

The output effects of 2009 fiscal expansions have been hotly debated. But the discussion of fiscal multipliers is even more relevant now that several European countries have had to quickly retract their stimulus me...

Fiscal Policy and Economic Activity During Recessions in Advanced Economies

Fiscal Policy and Economic Activity During Recessions in Advanced Economies »

Volume/Issue: 2002/87

Series: IMF Working Papers

Author(s): Axel Schimmelpfennig , Selma Mahfouz , and Richard Hemming

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2002

DOI: http://dx.doi.org/10.5089/9781451851038.001

ISBN: 9781451851038

Keywords: fiscal response, economic activity, fiscal multipliers, recession, fiscal expansions, fiscal contractions, Studies of Particular Policy Episodes, Fiscal Policies and Behavior of Economic Agents: General,

Using data for advanced economies, this paper investigates whether factors identified in the theoretical and empirical literature explain the effectiveness of fiscal policy in responding to recessions. The results...