Fiscal multipliers : size, determinants, and use in macroeconomic projections /
Fiscal multipliers are important tools for macroeconomic projections and policy design. In many countries, little is known about the size of multipliers, as data availability limits the scope for empirical research. This note provides general guidance on the definition, measurement, and use of fisca...
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| Corporate Author: | |
| Format: | eBook |
| Language: | English |
| Published: |
[Washington, D.C.] :
International Monetary Fund, Fiscal Affairs Dept.,
[2014]
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| Series: | Technical notes and manuals ;
14/04. |
| Subjects: | |
| Online Access: | CONNECT CONNECT |
| Summary: | Fiscal multipliers are important tools for macroeconomic projections and policy design. In many countries, little is known about the size of multipliers, as data availability limits the scope for empirical research. This note provides general guidance on the definition, measurement, and use of fiscal multipliers. It reviews the literature related to their size, persistence and determinants. For countries where no reliable estimate is available, the note proposes a simple method to come up with reasonable values. Finally, the note presents options to incorporate multipliers in macroeconomic forecasts. |
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| Item Description: | "September 2014." "Fiscal Affairs Department." |
| Physical Description: | 1 online resource (33 pages) : color illustrations. |
| Bibliography: | Includes bibliographical references (pages 26-30). |
| ISBN: | 9781498322270 1498322271 9781498322430 1498322433 1616356987 9781616356989 |
