This paper quantitatively assesses the macroeconomic effects of the recently agreed U.S. bipartisan infrastructure … types of infrastructure spending and linkages between the final and intermediate goods sectors. We find that infrastructure … multipliers above unity if infrastructure spending and rising public debt are financed by consumption, dividend and labour income …

This paper quantitatively assesses the macroeconomic effects of the recently agreed U.S. bipartisan infrastructure … types of infrastructure spending and linkages between the final and intermediate goods sectors. We find that infrastructure … multipliers above unity if infrastructure spending and rising public debt are financed by consumption, dividend and labour income …

infrastructure has had on key macroeconomic variables in a sample of 21 Latin American countries from 1985–98. Specifically, they … paper since it is inconsistent with the fiscal gains expected by many policymakers as they engage in infrastructure …, Private Sector, and Infrastructure Unit, Latin America and the Caribbean Region—is part of a larger effort in the Bank to …