Download the fantastic book titled How Big Small are Fiscal Multipliers written by Ethan Ilzetzki, available in its entirety in both PDF and EPUB formats for online reading. This page includes a concise summary, a preview of the book cover, and detailed information about "How Big Small are Fiscal Multipliers ", which was released on 01 March 2011. We suggest perusing the summary before initiating your download. This book is a top selection for enthusiasts of the Business & Economics genre.
Summary of How Big Small are Fiscal Multipliers by Ethan Ilzetzki PDF
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 development, exchange rate regime, openness to trade, and public indebtedness. Based on a novel quarterly dataset of government expenditure in 44 countries, we find that (i) the output effect of an increase in government consumption is larger in industrial than in developing countries, (ii) the fisscal multiplier is relatively large in economies operating under predetermined exchange rate but zero in economies operating under flexible exchange rates; (iii) fiscal multipliers in open economies are lower than in closed economies and (iv) fiscal multipliers in high-debt countries are also zero.
Detail About How Big Small are Fiscal Multipliers PDF
- Author : Ethan Ilzetzki
- Publisher : International Monetary Fund
- Genre : Business & Economics
- Total Pages : 68 pages
- ISBN : 1455218022
- Release Date : 01 March 2011
- PDF File Size : 37,9 Mb
- Language : English
- Rating : 4/5 from 21 reviews
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