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|c 5.00 USD
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|z 9781451851038
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|a 1018-5941
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|a Schimmelpfennig, Axel.
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|a Fiscal Policy and Economic Activity During Recessions in Advanced Economies /
|c Axel Schimmelpfennig, Selma Mahfouz, Richard Hemming.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2002.
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| 300 |
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|a 1 online resource (24 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a Using data for advanced economies, this paper investigates whether factors identified in the theoretical and empirical literature explain the effectiveness of fiscal policy in responding to recessions. The results are informative about the fiscal response to recessions but provide only a partial explanation of the impact of fiscal policy on economic activity. Overall, it would appear that fiscal multipliers are very small.
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| 538 |
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|a Mode of access: Internet
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|a Hemming, Richard.
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|a Mahfouz, Selma.
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|a IMF Working Papers; Working Paper ;
|v No. 2002/087
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2002/087/001.2002.issue-087-en.xml
|z IMF e-Library
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