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Fiscal Policy Effectiveness in a Small Open Economy

Fiscal Policy Effectiveness in a Small Open Economy »

Source: Fiscal Policy Effectiveness in a Small Open Economy : Estimates of Tax and Spending Multipliers in Paraguay

Volume/Issue: 2017/63

Series: IMF Working Papers

Author(s): Antonio David

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 March 2017

ISBN: 9781475588262

Keywords: Paraguay, Fiscal policy, Western Hemisphere, Fiscal Multipliers, Local Projection Method, General, Macroeconomic Analyses of Economic Development

This paper presents estimates of fiscal multipliers in Paraguay following different econometric techniques and identification approaches. The results point to multipliers for capital expenditure that are substantia...

Fiscal Policy Effectiveness in a Small Open Economy
			: Estimates of Tax and Spending Multipliers in Paraguay

Fiscal Policy Effectiveness in a Small Open Economy : Estimates of Tax and Spending Multipliers in Paraguay »

Volume/Issue: 2017/63

Series: IMF Working Papers

Author(s): Antonio David

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 March 2017

DOI: http://dx.doi.org/10.5089/9781475588262.001

ISBN: 9781475588262

Keywords: Paraguay, Fiscal policy, Western Hemisphere, Fiscal Multipliers, Local Projection Method, General, Macroeconomic Analyses of Economic Development

This paper presents estimates of fiscal multipliers in Paraguay following different econometric techniques and identification approaches. The results point to multipliers for capital expenditure that are substantia...