The Growth and Stabilization Properties of Fiscal Policy in Malaysia /

This paper examines the size of the fiscal multiplier values generated in Malaysia. The results show that a government spending shock leads to broad positive economic effects. Although, the effectiveness of fiscal policy alters across macroeconomic states. The estimates show that since the Asian fin...

Szczegółowa specyfikacja

Opis bibliograficzny
1. autor: Rafiq, Sohrab
Format: Czasopismo
Język:English
Wydane: Washington, D.C. : International Monetary Fund, 2013.
Seria:IMF Working Papers; Working Paper ; No. 2013/149
Dostęp online:Full text available on IMF
Opis
Streszczenie:This paper examines the size of the fiscal multiplier values generated in Malaysia. The results show that a government spending shock leads to broad positive economic effects. Although, the effectiveness of fiscal policy alters across macroeconomic states. The estimates show that since the Asian financial crisis the medium- and long-run effect of fiscal policy spending has declined. Some of this is down to greater credit availability and less investment spending.
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Opis fizyczny:1 online resource (48 pages)
Format:Mode of access: Internet
ISSN:1018-5941
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