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features of emerging market economies. The model takes the form of two-blocs, a DSGE emerging small open economy interacting …
Persistent link: https://www.econbiz.de/10012677709
Fiscal multipliers are important tools for macroeconomic projections and policy design. In many countries, little is known about the size of multipliers, as data availability limits the scope for empirical research. For these countries, we propose a simple method—dubbed the “bucket...
Persistent link: https://www.econbiz.de/10011123878