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The Effectiveness of Fiscal Policy in Stimulating Economic Activity Book PDF Summary

This paper reviews the theoretical and empirical literature on the effectiveness of fiscal policy. The focus is on the size of fiscal multipliers, and on the possibility that multipliers can turn negative (i.e., that fiscal contractions can be expansionary). The paper concludes that fiscal multipliers are overwhelmingly positive but small. However, there is some evidence of negative fiscal multipliers.

Detail Book of The Effectiveness of Fiscal Policy in Stimulating Economic Activity PDF

The Effectiveness of Fiscal Policy in Stimulating Economic Activity
  • Author : Richard Hemming
  • Release : 01 December 2002
  • Publisher : International Monetary Fund
  • ISBN : UCSD:31822032179210
  • Genre : Business & Economics
  • Total Page : 62 pages
  • Language : English
  • PDF File Size : 15,6 Mb

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