01547cas a2200241 a 4500 AALejournalIMF005982 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451802214 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Australia : Selected Issues. Washington, D.C. : International Monetary Fund, 2009. 1 online resource (36 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper analyzes likely effectiveness of the fiscal policy in supporting aggregate demand in Australia. The simulation analysis illustrates that the type of fiscal measure and the underlying behavioral responses have an important impact on the magnitude of fiscal multipliers. The Global Integrated Monetary and Fiscal Model simulations also suggest that the cumulative impact after five years could be close to 10 percentage points of GDP for the announced stimulus measures that cumulate to almost 8 percentage points of GDP. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2009/249 Full text available on IMF http://elibrary.imf.org/view/journals/002/2009/249/002.2009.issue-249-en.xml IMF e-Library