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What determines government spending multipliers?
Corsetti, Giancarlo; Meier, André; Müller, Gernot J. - 2012
This paper studies how the effects of government spending vary with the economic environment. Using a panel of OECD countries, we identify fiscal shocks as residuals from an estimated spending rule and trace their macroeconomic impact under different conditions regarding the exchange rate...
Persistent link: https://www.econbiz.de/10009618568
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Fiscal Multipliers and the State of the Economy.
Baum, Anja - 2012
-- C. Using Output Growth as the Threshold Variable -- Tables -- 1. Cumulative Fiscal Multiplier Estimates from Selected …
Persistent link: https://www.econbiz.de/10012690156
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Mr. Ricardo's Great Adventure : Estimating Fiscal Multipliers in a Truly Intertemporal Model
Sgherri, Silvia - 2006
Persistent link: https://www.econbiz.de/10012691137
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Estimating Fiscal Multipliers Under Alternative Exchange Rate Regimes: The Case of Bolivia
Kass-Hanna, Tannous - 2023
Empirical (employing the Blanchard-Perotti framework) and modeling (using a country-specific DSGE model) approaches are used to estimate fiscal multipliers by policy instrument for Bolivia, to evaluate possible adjustments in a fiscal consolidation strategy. Multipliers are also estimated using...
Persistent link: https://www.econbiz.de/10015058920
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Fiscal Multipliers During Pandemics
Kinda, Tidiane - 2022
Many countries have deployed substantial fiscal packages to cushion the economic fallout from the COVID-19 pandemic. A historical look at past pandemics and epidemics highlights concomitant public sector support in response to health crises. This paper assesses how fiscal multipliers could vary...
Persistent link: https://www.econbiz.de/10015060236
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Fiscal Multipliers and Informality
Colombo, Emilio - 2022
This paper investigates the role of informality in affecting the magnitude of the fiscal multiplier in a panel of 141 … size of the fiscal multiplier. This result holds irrespective of the levels of economic development and institutional …. Thus, informality raises the size of the unofficial multiplier. A higher degree of non-separability between public and …
Persistent link: https://www.econbiz.de/10015060449
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The Growth and Stabilization Properties of Fiscal Policy in Malaysia
Rafiq, Sohrab - 2013
This paper examines the size of the fiscal multiplier values generated in Malaysia. The results show that a government …
Persistent link: https://www.econbiz.de/10014409432
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Policy analysis and forecasting in the world economy : a panel unobserved components approach
Vitek, Francis - 2012
This paper develops a structural macroeconometric model of the world economy, disaggregated into thirty five national economies. This panel unobserved components model features a monetary transmission mechanism, a fiscal transmission mechanism, and extensive macrofinancial linkages, both within...
Persistent link: https://www.econbiz.de/10009618572
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Determinants of Tax Revenue Efforts in Developing Countries
Gupta, Abhijit Sen - International Monetary Fund (IMF) - 2007
This paper contributes to the existing empirical literature on the principal determinants of tax revenue performance across developing countries by using a broad dataset and accounting for some econometric issues that were previously ignored. The results confirm that structural factors such as...
Persistent link: https://www.econbiz.de/10005264219
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Volatility and Growth in Latin America; An Episodic Approach
Sahay, Ratna; Goyal, Rishi - International Monetary Fund (IMF) - 2006
This paper compares the pattern of macroeconomic volatility in 17 Latin American countries during episodes of high and low growth since 1970, examining in particular the role of policy volatility. Macroeconomic outcomes are distinguished from macroeconomic policies, structural reforms and...
Persistent link: https://www.econbiz.de/10005825787