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~isPartOf:"IMF Working Papers, Vol. , pp. 1-121, 2010"
~person:"Kumhof, Michael"
~subject:"Economic models"
~subject:"Theorie"
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IMF Working Papers, Vol. , pp. 1-121, 2010
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Effects of Fiscal Stimulus in Structural Models
Coenen, Günter
-
2010
, for differences between structural characteristics of the economy, and for monetary-
fiscal
policy
interactions. Findings … targeted transfers multipliers are large. (iii)
Fiscal
policy
is most effective if it has some persistence and if monetary …
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