Fiscal Multipliers and the State of the Economy is popular PDF and ePub book, written by Ms.Anja Baum in 2012-12-05, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Fiscal Multipliers and the State of the Economy can be Read Online from any device for your convenience.
Fiscal Multipliers and the State of the Economy Book PDF Summary
Only a few empirical studies have analyzed the relationship between fiscal multipliers and the underlying state of the economy. This paper investigates this link on a country-by-country basis for the G7 economies (excluding Italy). Our results show that fiscal multipliers differ across countries, calling for a tailored use of fiscal policy. Moreover, the position in the business cycle affects the impact of fiscal policy on output: on average, government spending, and revenue multipliers tend to be larger in downturns than in expansions. This asymmetry has implications for the choice between an upfront fiscal adjustment versus a more gradual approach.
Detail Book of Fiscal Multipliers and the State of the Economy PDF
- Author : Ms.Anja Baum
- Release : 05 December 2012
- Publisher : International Monetary Fund
- ISBN : 9781475523928
- Genre : Business & Economics
- Total Page : 31 pages
- Language : English
- PDF File Size : 12,7 Mb
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