The Case for Global Fiscal Stimulus /
This paper presents simulations with a multicountry structural model to show that worldwide expansionary fiscal policy combined with accommodative monetary policy can have significant multiplier effects on the world economy. It also provides a framework for assessing the effects of fiscal actions ne...
| Main Author: | Lee, Jaewoo |
|---|---|
| Other Authors: | Freedman, Charles, Kumhof, Michael, Laxton, Douglas |
| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2009.
|
| Series: | IMF Staff Position Notes; Staff Position Note ;
No. 2009/003 |
| Online Access: | Full text available on IMF |
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