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Argentina's government has resorted to fiscal policy as a countercyclical tool to mitigate the negative impact of the …, that the fiscal multiplier is relatively small and short-lived. This could reflect a number of factors, including the …
Persistent link: https://www.econbiz.de/10011394514
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Argentina's government has resorted to fiscal policy as a countercyclical tool to mitigate the negative impact of the …, that the fiscal multiplier is relatively small and short-lived. This could reflect a number of factors, including the …
Persistent link: https://www.econbiz.de/10012976668
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economic activity, the government spending multiplier is positive and significant: an additional 1 USD of spending leads to an … positive expenditure multiplier imply that fiscal policy in South Asia amplifies boom-and-bust cycles …
Persistent link: https://www.econbiz.de/10012008294
Government debt in many small states has risen beyond sustainable levels and some governments are considering fiscal consolidation. This paper estimates fiscal policy multipliers for small states using two distinct models: an empirical forecast error model with data from 23 small states across...
Persistent link: https://www.econbiz.de/10012009996