Related Books

How Big (Small?) are Fiscal Multipliers?
Language: en
Pages: 68
Authors: Ethan Ilzetzki
Categories: Business & Economics
Type: BOOK - Published: 2011-03-01 - Publisher: International Monetary Fund

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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 c
Fiscal Policy after the Financial Crisis
Language: en
Pages: 596
Authors: Alberto Alesina
Categories: Business & Economics
Type: BOOK - Published: 2013-06-25 - Publisher: University of Chicago Press

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The recent recession has brought fiscal policy back to the forefront, with economists and policy makers struggling to reach a consensus on highly political issu
The Effectiveness of Fiscal Policy in Stimulating Economic Activity
Language: en
Pages: 62
Authors: Richard Hemming
Categories: Business & Economics
Type: BOOK - Published: 2002-12 - Publisher: International Monetary Fund

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This paper reviews the theoretical and empirical literature on the effectiveness of fiscal policy. The focus is on the size of fiscal multipliers, and on the po
Growth Forecast Errors and Fiscal Multipliers
Language: en
Pages: 43
Authors: Mr.Olivier J. Blanchard
Categories: Business & Economics
Type: BOOK - Published: 2013-01-03 - Publisher: International Monetary Fund

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This paper investigates the relation between growth forecast errors and planned fiscal consolidation during the crisis. We find that, in advanced economies, str
The Economic Effects of Fiscal Consolidation with Debt Feedback
Language: en
Pages: 51
Authors: Mr.Marcello M. Estevão
Categories: Business & Economics
Type: BOOK - Published: 2013-05-31 - Publisher: International Monetary Fund

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The past several years of recession and slow recovery have raised much interest on the effect of fiscal stimulus on economic activity, even as high public debts