Fiscal Multipliers in the ECCU is popular PDF and ePub book, written by Mr.Jesus Gonzalez-Garcia in 2013-05-22, 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 in the ECCU can be Read Online from any device for your convenience.
Fiscal Multipliers in the ECCU Book PDF Summary
The multipliers of taxes, and government consumption and investment expenditure for the Eastern Caribbean Currency Union (ECCU) are estimated using vector autoregression models with panel data. The impact and long-run multipliers are below unity, suggesting that a great extent of the intended impulse ends up expanding imported demand. The long-run multipliers of taxes and consumption expenditure are non-different from zero statistically, while public investment has a long-run multiplier of 0.6. The results suggest that countercyclical policies to stimulate growth should focus on public investment.
Detail Book of Fiscal Multipliers in the ECCU PDF
- Author : Mr.Jesus Gonzalez-Garcia
- Release : 22 May 2013
- Publisher : International Monetary Fund
- ISBN : 9781484359914
- Genre : Business & Economics
- Total Page : 17 pages
- Language : English
- PDF File Size : 12,7 Mb
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