Successful Austerity in the United States, Europe and Japan /

The output effects of 2009 fiscal expansions have been hotly debated. But the discussion of fiscal multipliers is even more relevant now that several European countries have had to quickly retract their stimulus measures in an effort to regain market confidence. Using regime-switching VARs we estima...

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Bibliografiske detaljer
Hovedforfatter: Callegari, Giovanni
Andre forfattere: Batini, Nicoletta, Melina, Giovanni
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2012.
Serier:IMF Working Papers; Working Paper ; No. 2012/190
Online adgang:Full text available on IMF